factual

Does the Bombs Away franchise agreement allow for amendments?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 18.4 Modification. No modification or amendment of this Agreement will be effective unless it is in writing and signed by both parties. This provision does not limit Bombs Away Franchising's rights to modify the Manual or System Standards.

Source: Item 22 — CONTRACTS (FDD pages 35–36)

What This Means (2024 FDD)

According to the 2024 Bombs Away Franchise Disclosure Document, the franchise agreement can be modified or amended. However, to be valid, any modification or amendment must be documented in writing and signed by both Bombs Away Franchising and the franchisee. This requirement ensures that both parties are in agreement regarding any changes to the original contract terms.

This clause protects both the franchisee and Bombs Away by requiring mutual written consent for any changes. It prevents either party from unilaterally altering the agreement. However, the franchise agreement also states that this provision does not limit Bombs Away's rights to modify the Manual or System Standards. This means Bombs Away can make changes to the operational guidelines and standards without requiring the franchisee's signature on a formal amendment.

While the core franchise agreement requires written amendments signed by both parties, franchisees should pay close attention to the distinction regarding the Manual and System Standards. Bombs Away retains the right to modify these, potentially impacting the franchisee's day-to-day operations. Franchisees should clarify the scope and potential impact of changes to the Manual and System Standards during their due diligence.

Disclaimer: This information is extracted from the 2024 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.