For a Bath Tune Up franchise, what is the document this addendum amends?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
This Addendum amends some of the provisions of the Franchise Agreement to reflect the agreement between the parties as to fees payable under the Franchise Agreement. Any capitalized terms that are defined in the Franchise Agreement are used in this Addendum as defined in the Franchise Agreements.
NOW, THEREFORE, the parties agree to amend the Franchise Agreement as follows:
Source: Item 22 — CONTRACTS (FDD page 52)
What This Means (2025 FDD)
According to the 2025 Bath Tune Up Franchise Disclosure Document, the addendum amends the Franchise Agreement. The purpose of the addendum is to modify certain provisions of the Franchise Agreement, specifically those related to fees payable under the agreement. Any terms capitalized within the addendum retain the definitions provided in the original Franchise Agreement.
The addendum specifically modifies sections 4.1 and 4.2 of the Franchise Agreement, which pertain to the Initial Franchise Fee and the Territory Fee, respectively. All other terms and provisions of the Franchise Agreement remain in full effect, except as explicitly modified by the addendum.
For a prospective Bath Tune Up franchisee, this means that the addendum serves as an update or clarification to the original Franchise Agreement, particularly concerning the financial obligations at the outset of the franchise. Franchisees should carefully review the addendum in conjunction with the Franchise Agreement to fully understand their rights and responsibilities, especially regarding the payment of fees.