Does the Black Bear Diner Franchise Agreement have any attachments?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
Single Unit. We grant franchises to individuals or entities for the operation of a single Black Bear Diner restaurant in accordance with our "System" under the terms of our Franchise Agreement attached to this disclosure document as Exhibit B. We refer to the restaurant that you and other franchisees will operate as a "Franchised Restaurant." A Black Bear Diner restaurant is a casual, family-style restaurant which offers huge portions at an affordable price along with a high perceived value. A Black Bear Diner restaurant is typically located in a free-standing, one-story building with surrounding parking. In many instances a prospective franchisee will be able to remodel and convert an existing building or former restaurant for the operation of a Black Bear
Diner restaurant.
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 Black Bear Diner Franchise Disclosure Document, the Franchise Agreement itself is attached as Exhibit B. Additionally, if a franchisee enters into an Area Development Agreement, the form for that agreement is attached as Exhibit C. The Franchise Agreement also includes an exhibit describing the Protected Territory granted to the franchisee.
Furthermore, the Black Bear Diner agreement includes attachments that can be modified after signing. Specifically, Attachment A, which specifies the Approved Location of the franchise, can be unilaterally modified by Black Bear Diner after the franchisor approves a location selected by the franchisee. This means that while the initial agreement might not specify the exact location, it will be formally incorporated as an attachment once the site is approved.
In summary, the Black Bear Diner Franchise Agreement includes several attachments, such as Exhibit B (the Franchise Agreement itself), Exhibit C (Area Development Agreement form), an exhibit detailing the Protected Territory, and Attachment A (Approved Location), which is subject to modification. Prospective franchisees should carefully review all exhibits and attachments to fully understand their rights and obligations.