What exhibit is the Bath Tune Up Secured Promissory Note?

According to Bath Tune Up's 2025 Franchise Disclosure Document, the Secured Promissory Note is identified as Exhibit J. This document is an agreement where the franchisee (Obligor) promises to pay a specified amount to HFC KTU LLC (Secured Party).

The inclusion of the Secured Promissory Note as an exhibit indicates its importance in the franchise agreement. It outlines the terms and conditions under which a franchisee might borrow money from Bath Tune Up, including repayment schedules and potential default scenarios.

Prospective franchisees should carefully review Exhibit J to understand their obligations and the potential financial implications of entering into a secured promissory note with Bath Tune Up. Understanding the conditions under which the note becomes due, such as purchasing another Bath Tune Up franchise, is crucial for financial planning.