What is the exhibit letter designation for the Sourcing Fee Addendum (Multi-Unit 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 Bft's 2025 Franchise Disclosure Document, the Sourcing Fee Addendum (Multi-Unit Agreement) is designated as Exhibit L-2. This exhibit is one of several attachments to the disclosure document, which Bft provides to prospective franchisees.
Specifically, Exhibit L-2 is the form of the Sourcing Fee Addendum that applies when a franchisee enters into a Multi-Unit Agreement with Bft. This agreement likely outlines the fees associated with sourcing or finding suitable locations or other resources for multiple franchise units, as opposed to a single unit.
Prospective franchisees should carefully review Exhibit L-2, along with all other exhibits, to fully understand their obligations and the terms of the franchise agreement. Understanding the specific fees and conditions outlined in the Sourcing Fee Addendum is crucial for making an informed investment decision with Bft.