For Bb.Q Chicken, what information about ownership interests must be accurately described in Attachment 3?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
- 22.1.5 Neither you nor any of your Principals is a party to any contract, agreement, covenant not to compete or other restriction of any type which may conflict with, or be breached by, the execution, delivery, consummation and/or performance of this Agreement.
- 22.1.6 All of your representations and warranties contained in this Agreement are complete, correct and accurate as of the date of execution of this Agreement and will survive any termination or expiration of this Agreement.
ATTACHMENT 1 TO THE FRANCHISE AGREEMENT
ACCEPTED LOCATION AND DESIGNATED TERRITORY
ATTACHMENT 2 TO THE FRANCHISE AGREEMENT
COLLATERAL ASSIGNMENT OF LEASE
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
Based on the 2025 Bb.Q Chicken Franchise Disclosure Document, the provided excerpts do not contain information about what specific details regarding ownership interests must be accurately described in Attachment 3. The excerpts do mention several attachments to the franchise agreement, including Attachment 1, which describes the Designated Territory, and Attachment 2, which concerns the Collateral Assignment of Lease.
The excerpts do discuss the franchisee's obligations to disclose information accurately. Specifically, the franchisee must ensure that neither they nor their principals are party to any contract or agreement that could conflict with the franchise agreement. Additionally, all representations and warranties made by the franchisee in the agreement must be complete, correct, and accurate as of the execution date.
To fully answer the question, a prospective Bb.Q Chicken franchisee should carefully review the full Franchise Disclosure Document, specifically Attachment 3, and ask the franchisor directly what information concerning ownership interests must be accurately detailed within that attachment. This will ensure full compliance with the franchise agreement and avoid potential future disputes.