factual

Is there a deadline associated with signing the Black Bear Diner Addendum to the Franchise Agreement?

Black_Bear_Diner Franchise · 2025 FDD

Answer from 2025 FDD Document

Within 30 days after receipt of the site approval package by Franchisor, Franchisor shall deliver two (2) copies of the Franchise

Agreement along with a copy of its then current franchise disclosure document, if required by law. Immediately upon receipt of the franchise disclosure document, Developer shall return to Franchisor a signed copy of the Receipt Page of the disclosure document. Developer shall execute and deliver as instructed by Franchisor two copies of said Franchise Agreement and the balance of the Franchise Fee therefore as provided in Section 3.1 above.

Source: Item 23 — RECEIPT (FDD pages 56–243)

What This Means (2025 FDD)

According to the 2025 Black Bear Diner Franchise Disclosure Document, a Developer must return a signed copy of the Receipt Page of the disclosure document immediately upon receipt. Additionally, the Developer must execute and deliver two copies of the Franchise Agreement as instructed by Black Bear Diner.

For prospective Black Bear Diner franchisees, this means that you should be prepared to act quickly once you receive the Franchise Disclosure Document and Franchise Agreement. Failing to meet these deadlines could potentially delay or jeopardize your opportunity to open a Black Bear Diner restaurant.

It is important to note that the FDD excerpt does not specify a deadline for signing an addendum to the Franchise Agreement. Therefore, prospective franchisees should confirm the specific deadlines and requirements for all documents, including any addenda, with Black Bear Diner's franchising team during their due diligence process.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.