What is the exhibit letter designation for the Form of Franchise Agreement in the Bft FDD?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document dated March 14, 2025, that included the following Exhibits:
Exhibit A Form of Franchise Agreement and Exhibits Exhibit H State Specific Addenda Exhibit B List of State Agents for Service of Process and State Administrators Exhibit I List of Franchisees Exhibit C Financial Statements Exhibit J List of Franchisees That Left System Exhibit D Guaranty of Performance Exhibit K Form of Multi-Unit Agreement Exhibit E Statement of Prospective Franchisee Exhibit L-1 Form of Sourcing Fee Addendum (Franchise Agreement) Exhibit F Table of Contents of Manual Exhibit L-2 Form of Sourcing Fee Addendum (Multi-Unit Agreement) Exhibit G Form of General Release Exhibit M Receipts
Source: Item 22 — CONTRACTS (FDD page 79)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, the Form of Franchise Agreement and Exhibits are designated as Exhibit A. This means that prospective franchisees can find the complete standard franchise agreement, along with any associated exhibits, under Exhibit A of the FDD.
It is standard practice for franchisors to include a copy of the franchise agreement as an exhibit to the FDD. This allows potential franchisees to thoroughly review the terms and conditions before making a commitment.
As a potential Bft franchisee, it is crucial to carefully examine Exhibit A. Understanding the obligations, responsibilities, and rights outlined in the franchise agreement is essential for making an informed decision. You should consult with an attorney and financial advisor to fully understand the implications of the agreement before signing.