Is the Bombs Away Franchise Agreement included as an exhibit?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
Issuance Date: February 9, 2024
I received a disclosure document that included the following Exhibits:
- A. State Addenda to Disclosure Document
- B. Franchise Agreement (with State Addenda to Agreements, Guaranty and Non-Compete Agreement, and Form of General Release)
- C. Item 21 Financial Statements
- D. State Administrators and Agents for Service of Process
Source: Item 23 — RECEIPTS (FDD pages 36–117)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, the Franchise Agreement is included as an exhibit. Specifically, Exhibit B includes the Franchise Agreement, along with State Addenda to Agreements, a Guaranty and Non-Compete Agreement, and a Form of General Release.
As a prospective franchisee, it is crucial to carefully review the Franchise Agreement and all associated documents within Exhibit B. These documents outline the contractual obligations, responsibilities, and legal terms that govern the franchise relationship between Bombs Away and the franchisee. Understanding these terms is essential for making an informed decision about investing in a Bombs Away franchise.
Furthermore, the inclusion of State Addenda to Agreements suggests that certain provisions of the Franchise Agreement may be modified or supplemented based on the specific state in which the franchise is located. Franchisees should pay close attention to any addenda applicable to their state to ensure compliance with local laws and regulations. The Guaranty and Non-Compete Agreement and the Form of General Release are also important documents that outline additional obligations and potential liabilities for the franchisee.