What specific information about the partnership is required if the Beauty Bungalows franchisee is a partnership?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| Contract | Location in FDD | |
|---|---|---|
| Franchise Agreement & Appendices | FDD Exhibit B | |
| Collateral Assignment of Phone Numbers | FA Appendix C | |
| Personal Guaranty | FA Appendix E | |
| Franchisee Compliance Questionnaire | FA Appendix H | |
| Sample General Release | FA Appendix F | |
| State Specific Addenda (if applicable) | FDD Exhibit E | |
| Sample Non-compete and Non-disclosure Agreement | FDD Exhibit G | |
| Area Development Agreement & Appendix | FDD Exhibit H | |
| Receipts | Last 2 Pages |
APPENDIX A TO FRANCHISE AGREEMENT
Franchisee Specific Terms
- Effective Date: 2. Franchisee's Name: 3. Franchisee's State of Organization: 4. Franchisees Principal Business Address & Telephone Number: Principal Address: [ENTER ADDRESS] Telephone Number: [ENTER NUMBER] 5. Initial Franchise Fee. The Franchisee shall pay $49,900 as an Initial Franchise Fee pursuant to Section 5.02 of the Agreeme
Source: Item 22 — CONTRACTS (FDD pages 47–48)
What This Means (2025 FDD)
Based on the 2025 Beauty Bungalows Franchise Disclosure Document, Appendix A includes a section for 'Franchisee Specific Terms' that requires the franchisee's name, principal business address, and telephone number. This information is crucial for identifying and contacting the franchisee. If the franchisee is a partnership, the partnership's official name and contact details would be entered here.
This requirement ensures that Beauty Bungalows maintains accurate records of its franchisees, which is essential for communication, legal compliance, and overall franchise management. For a prospective franchisee, this means that if they are entering into the agreement as a partnership, they must provide the legal name of the partnership, the partnership's principal business address, and a reliable telephone number for contact purposes.
It is important to note that while the FDD specifies the need for this information, it does not detail specific requirements for partnership agreements or internal partnership structures. A prospective franchisee operating as a partnership should consult with legal counsel to ensure their partnership agreement complies with all applicable laws and adequately protects their interests in relation to the Beauty Bungalows franchise.