Is the Bigfoot Forestry Area Development Agreement included as an exhibit to the Disclosure Document?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
If you satisfy our criteria for multi-unit developers, we may (but need not) offer you the right to sign the form of Area Development Agreement attached to this Disclosure Document as EXHIBIT "D" (the "ADA"). The ADA grants you the right and obligation to develop, open and operate multiple Bigfoot Forestry Businesses within a defined "development territory" according to a predetermined "development schedule". Each franchised territory is considered a separate Bigfoot Forestry Business. You must develop, open and operate all of the Bigfoot Forestry Businesses listed in the development schedule. We only grant area development rights to franchisees who commit to develop, open and operate a minimum of 3 Bigfoot Forestry Businesses. You must sign a separate franchise agreement for each Bigfoot Forestry Business you develop. Each franchise agreement will be our then-current form of franchise agreement, which may differ from the current form of Franchise Agreement attached to this Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 41–42)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the Area Development Agreement (ADA) is included as an exhibit. Specifically, the document states that if a prospective franchisee meets the criteria for multi-unit developers, Bigfoot Forestry may offer the right to sign the form of Area Development Agreement attached to the Disclosure Document as EXHIBIT "D".
The ADA grants the franchisee the right and obligation to develop, open, and operate multiple Bigfoot Forestry Businesses within a defined "development territory" according to a predetermined "development schedule". Bigfoot Forestry only grants area development rights to franchisees who commit to developing, opening, and operating a minimum of 3 Bigfoot Forestry Businesses.
It is important to note that a separate franchise agreement must be signed for each Bigfoot Forestry Business developed under the ADA. Each of these franchise agreements will be the then-current form, which may differ from the current form of the Franchise Agreement attached to the Disclosure Document. This implies that the terms and conditions for each individual franchise could vary over the development period.