What exhibits are attached to the Big Apple Bagels Franchise Disclosure Document?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
Our fiscal year end is November 30.
22. CONTRACTS
Attached are the following contracts:
Exhibit A Preliminary Agreement
| Exhibit B with Riders | Franchise Agreement for BAGELS Production Store and BAGELS Satellite Store, | |--------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------| | Exhibit C | Area Development Agreement | | Exhibit D | Disclosure Acknowledgement Statement | | Exhibit F | Wholesale Program Addendum | | Exhibit G | Catering Program Addendum | | Exhibit L | General Release (to be signed upon renewal or assignment of the franchise) | | Exhibit M | Assignment Agreement (applies only if you are assigning your franchise to a corporation, limited liability company, or other entity controlled by you | | Exhibit N | Assignment Agreement (applies if you are assigning your franchise to a franchisee | | unrelated to you) | | Exhibit O Transferee's Waiver and Release (applies only if you are buying a BAGELS Store from an existing franchisee)
Exhibit R State Addenda (if applicable)
The following language is required by the NASAA Statement of Policy Regarding the Use of Franchise Questionnaires and Acknowledgments, as it relates to Exhibit D to this FDD, the Disclosure Acknowledgement Statement.
Source: Item 22 — CONTRACTS (FDD pages 86–87)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, several exhibits are attached. These exhibits cover various agreements and addenda relevant to the franchise relationship. Specifically, Exhibit B is the Franchise Agreement for both BAGELS Production Stores and BAGELS Satellite Stores. Exhibit C is the Area Development Agreement, which would be relevant for franchisees planning to develop multiple locations. Exhibit D is the Disclosure Acknowledgement Statement, confirming the franchisee has received and understood the FDD.
Other exhibits include Exhibit F, the Wholesale Program Addendum, and Exhibit G, the Catering Program Addendum, which apply if the franchisee participates in these programs. Exhibit L is the General Release, to be signed upon renewal or assignment of the franchise. Exhibits M and N are both Assignment Agreements, with Exhibit M applying when assigning the franchise to an entity controlled by the franchisee, and Exhibit N applying when assigning to an unrelated franchisee.
Additionally, Exhibit R consists of state-specific addenda, including addenda for Maryland, Minnesota, Illinois, and Indiana. These addenda modify the FDD and franchise agreement to comply with state laws. Finally, Exhibit O is the Transferee's Waiver and Release, which applies only if the franchisee is buying a BAGELS store from an existing franchisee. These exhibits provide detailed legal frameworks and specific terms governing different aspects of the Big Apple Bagels franchise.