Does the Beauty Bungalows disclosure document include a Lease Rider exhibit?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| listed below (check all that have been involved in the sales process): | ||
|---|---|---|
| □ Traci Hawkins □ Jade Blevens | ||
| 257 Wake Forest Road, Costa Mesa, CA 92626 209-996-8722 Franchise@BeautyBungalows.com | Franchise Brokers, Consultants, or Franchise Development Company Representatives (if any) □ (Name) (Address) (Phone) Issuance Date: March 10, 2024 I received a disclosure document that included the following Exhibits: | |
| A. | Financial Statements | |
| B. | Franchise Agreement & Exhibits | |
| C. | State Administrators and Agents for Service of Process | |
| D. | List of Current and Former Franchisees | |
| E. | State Specific Addenda | |
| F. | Manual Table of Contents | |
| G. | Nondisclosure and Noncompetition Agreement | |
| H. | Multi-Unit Development Agreement | |
| I. | Form of General Release | |
| J. | Electronic Funds Transfer | |
| K. | Lease Rider | |
| L. | State Effective Dates | |
| Receipts | ||
| Date Received: | ||
| Signature: | ||
| Print Name: |
Source: Item 23 — RECEIPTS (FDD pages 48–177)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, Exhibit K is a Lease Rider. The document checklist includes exhibits A through L, and specifically lists 'K. Lease Rider'. This indicates that a sample or form Lease Rider is included as part of the FDD.
For a prospective franchisee, this means they will have access to a template or example of a lease rider that Beauty Bungalows uses. A lease rider is an addendum to a lease agreement that modifies the original terms.
Having a Lease Rider exhibit can be beneficial for franchisees as it provides a starting point for lease negotiations and ensures that certain key provisions are addressed in the lease agreement. Franchisees should carefully review the Lease Rider with their legal counsel to ensure it meets their specific needs and complies with local laws.