Does the Beauty Bungalows FDD include a sample general release?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
ATTACHMENTS
Appendix A – Franchisee Data Sheet
Schedule 1 – Protected Territory Acknowledgement
Appendix B – Electronic Payment Authorization
Appendix C – Collateral Assignment of Telephone Numbers, Addresses, and Listings
Appendix D – Statement of Ownership
Appendix E – Guaranty and Assumption of Franchisee's Obligations
Appendix F – Sample General Release
Appendix G – Lease Rider
Source: Item 22 — CONTRACTS (FDD pages 47–48)
What This Means (2025 FDD)
According to the 2025 Beauty Bungalows FDD, a sample general release is included as part of the franchise agreement. Specifically, Appendix F of the franchise agreement is a "Sample General Release."
Appendix F, titled "Full and Final Release," is intended to be used at the time of a franchise transfer or for other designated purposes, but it should not be signed when the initial franchise is awarded. This release outlines that the franchisee and related parties release Beauty Bungalows Franchising, LLC and its affiliates from all claims, demands, damages, actions, or suits.
The document emphasizes that the release applies to all agreements between the franchisee and franchisor and represents a compromise of all claims, whether past, present, or future. It also states that the consideration mentioned in the release is the only consideration paid by the released parties, with no representations made regarding damages or liability.