Does the Franchise Disclosure Document for Big Apple Bagels include Exhibit A, the Preliminary Agreement?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT R to FRANCHISE DISCLOSURE DOCUMENT BAB SYSTEMS, INC.
WASHINGTON ADDENDUM TO THE BAGELS PRELIMINARY AGREEMENT, DISCLOSURE ACKNOWLEDGMENT STATEMENT, AND RELATED AGREEMENTS
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PROSPECTIVE FRANCHISEE has, contemporaneously with the execution of this Preliminary Agreement, deposited with BAB the sum of Ten Thousand ($10,000.00) Dollars ("Deposit") to be applied against the initial franchise fee payable by PROSPECTIVE FRANCHISEE if a BAGELS Franchise shall subsequently be granted.
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to the 2025 Big Apple Bagels Franchise Disclosure Document, Exhibit R includes addenda to the BAGELS Preliminary Agreement for certain states. Specifically, there is mention of a Washington addendum to the Bagels Preliminary Agreement.
Furthermore, the document refers to a Preliminary Agreement where a prospective franchisee deposits $10,000 with BAB to be applied to the initial franchise fee if a BAGELS Franchise is granted. This agreement is executed contemporaneously with the deposit.
Therefore, while Exhibit A is not explicitly mentioned, the FDD does include and reference a Preliminary Agreement, particularly within Exhibit R and in the context of initial deposits.