What is the name of the agreement described in Exhibit L-2 for Bimbo Foods Bakeries Distribution?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| ADDRESS: | PHONE: ; OR IF BLANK, |
|---|---|
| IS DISTRIBUTION CON | SULTANTS, INC., 2900 WESTCHESTER AVENUE, PURCHASE, NEW YORK 10577, (914) 696-7500. |
| BFBD AUTHORIZES TH | E PERSONS ON EXHIBIT A TO RECEIVE SERVICE OF PROCESS FOR BFBD. |
| I HAVE RECEIVED A D | ISCLOSURE 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 3. PNC Equipment Finance, LLC |
Source: Item 14 — Other Accounts Payable and Accrued Liabilities (FDD pages 312–476)
What This Means (2025 FDD)
According to the 2025 FDD, Exhibit L lists third-party vehicle lease agreements for Bimbo Foods Bakeries Distribution. Specifically, Exhibit L-2 refers to the B&G Lease Agreement. This means that prospective franchisees may encounter this agreement when leasing vehicles through B&G for their distribution operations.
Understanding the terms of the B&G Lease Agreement is crucial for franchisees as it outlines the obligations, responsibilities, and costs associated with leasing vehicles. These lease agreements are separate from the franchise agreement but are directly related to the operational requirements of running a Bimbo Foods Bakeries Distribution franchise.
Prospective franchisees should carefully review Exhibit L and any specific lease agreements they may enter into, such as the B&G Lease Agreement, with the assistance of legal and financial advisors. This will help them understand the financial implications and contractual obligations involved in leasing vehicles for their Bimbo Foods Bakeries Distribution business.