What agreements are included in the ACF Financing Documents for Bimbo Foods Bakeries Distribution?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| BFBD'S SALES AGENT | WITH RESPECT TO THIS DISCLOSURE DOCUMENT IS: NAME: |
|---|---|
| ADDRESS: | |
| IS DISTRIBUTION CON | SULTANTS, INC., 2900 WESTCHESTER AVENUE, PURCHASE, NEW YORK 10577, (914) 696-7500 |
| BFBD AUTHORIZES TH | HE PERSONS ON EXHIBIT A TO RECEIVE SERVICE OF PROCESS FOR BFBD. |
| I HAVE RECEIVED A D | SISCLOSURE DOCUMENT DATED APRIL 21, 2025. |
| THIS DISCLOSURE DO | CUMENT INCLUDED THE FOLLOWING EXHIBITS: |
| Exhibit A | State Regulators; Agents for Service |
| Exhibit B | ACF Financing Documents 1. ACF Promissory Note 2. ACF Disbursement Authorization 3. ACF Financing Security Agreement 4. ACF Personal Guaranty Agreement |
| Exhibit C | Franchise Agreement (also called the Distribution Agreement) |
| Exhibit D | Franchise Agreement (also called the Sales Growth Agreement) |
| Exhibit E | Advertising Agreement (for Distribution Agreement and Sales Growth Agreement) |
| Exhibit F | Bills of Sale |
| Exhibit G | General Release |
| Exhibit H | Guarantee of Grupo Bimbo, S.A.B. DE C.V. |
| Exhibit I | Security Agreement |
| Exhibit J | State Effective Dates of this FDD |
| Exhibit K | Financial Statements of Grupo Bimbo, S.A.B. DE C.V. |
| Exhibit L | Third-party Vehicle Lease Agreements 1. Bush Lease Agreement 2. B&G Lease Agreement |
| E 121 2 3 4 | 3. PNC Equipment Finance, LLC |
| Exhibit M | List of Franchisees (Distributors) 1. List of Current Franchisees |
| T. 1.11.2 NI | 2. List of Former Franchisees |
| Exhibit N | State Addenda to FDD (except Michigan) |
| Exhibit O | Receipts THIS FDD WAS DELIVERED TO ME ON , 202 THIS FDD WAS DELIVERED TO ME ON, 202 |
| FRANCHISEE SIGNATURE DATE FRANCHISEE SIGNATURE DATE | |
Source: Item 22 — CONTRACTS (FDD page 84)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, the ACF Financing Documents are included as Exhibit B. These documents consist of four specific agreements. These include the ACF Promissory Note, which outlines the terms of the loan, including the repayment schedule and interest rate.
Another agreement is the ACF Disbursement Authorization, which likely details how the loan funds will be distributed. The ACF Financing Security Agreement is also included, which specifies the collateral that Bimbo Foods Bakeries Distribution can claim if the franchisee defaults on the loan.
Finally, the ACF Personal Guaranty Agreement is part of the financing documents, meaning that an individual (likely the franchisee) personally guarantees the loan, making them personally liable for the debt if the business fails to repay it. Prospective franchisees should carefully review all of these documents with a financial advisor to fully understand their obligations and potential risks before signing.