Where can I find a copy of the guarantee from Grupo Bimbo for Bimbo Foods Bakeries Distribution?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
Grupo Bimbo guarantees BFBD's obligations to our Distributors (franchisees) under our distribution (franchise) agreements (see Item 21 and Exhibit H).
EXHIBIT H
GUARANTEE OF PERFORMANCE
For value received, Grupo Bimbo, S.A.B. de C.V. ("Guarantor"), a Mexico corporation located at Prolongacion Paseo De La Reforma, No. 1000, Col. Pena Blanca Santa Fe, Mexico City 01210, Mexico, absolutely and unconditionally guarantees the performance by Bimbo Foods Bakeries Distribution, LLC ("Franchisor"), located at 355 Business Center Drive, Horsham, Pennsylvania, 19044, of all the obligations of Franchisor to its franchisees under Franchisor's franchise agreements. This guarantee continues until all such obligations of Franchisor under its franchise agreements are satisfied or until the liability of Franchisor to its franchisees under its franchise agreements has been completely discharged, whichever first occurs. Guarantor is not discharged from liability if a claim by the franchisee against Franchisor remains outstanding. Notice of acceptance is waived. Guarantor does not waive receipt of notice of default on the part of the Franchisor. This guarantee is binding on Guarantor and on its successors and assigns.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 83–84)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, Grupo Bimbo guarantees Bimbo Foods Bakeries Distribution's obligations to its distributors (franchisees) under the distribution (franchise) agreements. The FDD indicates that further details can be found in Item 21 and Exhibit H.
Exhibit H contains the Guarantee of Performance from Grupo Bimbo, S.A.B. de C.V. In this guarantee, Grupo Bimbo absolutely and unconditionally guarantees the performance by Bimbo Foods Bakeries Distribution, LLC of all obligations to its franchisees under the franchise agreements.
The guarantee remains in effect until all such obligations of Bimbo Foods Bakeries Distribution under its franchise agreements are satisfied or until the liability of Bimbo Foods Bakeries Distribution to its franchisees under its franchise agreements has been completely discharged, whichever occurs first. Grupo Bimbo does not get discharged from liability if a claim by the franchisee against Bimbo Foods Bakeries Distribution remains outstanding. Notice of acceptance is waived, but Grupo Bimbo does not waive receipt of notice of default on the part of Bimbo Foods Bakeries Distribution. This guarantee is binding on Grupo Bimbo and its successors and assigns.