Does the Black Bear Diner Area Development Agreement have any attachments?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
Area Development Agreement. In addition to awarding franchises for a single Black Bear Diner restaurant, we also grant qualified franchisees the option and right to develop multiple Franchised Restaurant(s) within a specific geographic area ("Development Area") over a specific time period according to a pre-determined development schedule. These franchisees will sign our Area Development Agreement in the form attached as Exhibit C to this disclosure document. Under the Area Development Agreement, you will sign a separate Franchise Agreement for each Franchised Restaurant you establish. The Franchise Agreement you sign will be the then-current form of Franchise Agreement we are offering to new franchisees. The size of the Development Area will vary depending upon local market conditions and the number of Franchised Restaurants to be developed.
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 Black Bear Diner Franchise Disclosure Document, the Area Development Agreement itself is included as an attachment. Specifically, the FDD states that the Area Development Agreement is in the form attached as Exhibit C to the disclosure document.
This means that prospective franchisees can review the entire Area Development Agreement, with all its terms and conditions, as part of their due diligence before signing. This allows for a comprehensive understanding of the obligations and rights associated with developing multiple Black Bear Diner restaurants in a specific area.
It is important for potential Black Bear Diner area developers to carefully examine Exhibit C and understand all aspects of the Area Development Agreement, including development schedules, termination conditions, and the relationship between the Area Development Agreement and individual Franchise Agreements for each restaurant.