What is the Developer acknowledging about reading the Brueggers Bagels Franchise Disclosure Document?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
- F.
Developer hereby acknowledges that it has read this Agreement and Franchisor's Franchise Disclosure Document, and that it has no knowledge of any representations about the Bakeries or about Franchisor or its franchising program or policies made by Franchisor or by its officers, directors, shareholders, employees or agents which are contrary to the statements in Franchisor's Franchise Disclosure Document or to the terms of this Agreement, and that it understands and accepts the terms, conditions and covenants contained in this Agreement as being reasonably necessary to maintain Franchisor's high standards of quality and service and the uniformity of those standards at all facilities which operate pursuant to the System and thereby to protect and preserve the goodwill of the System and the Proprietary Marks.
You acknowledge that you received our Franchise Disclosure Document ("FDD") at least 14 days prior to the date you executed the Agreement or paid us any money for the franchise.
You acknowledge that you have received, had the opportunity to personally read and review, and understand the FDD, Agreement and attachments.
You acknowledge that we have permitted you ample time and opportunity to consult with advisors of your own choosing about the potential benefits and risks associated with operating a Bruegger's franchise and entering into an Agreement.
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the developer acknowledges several key points regarding the Franchise Disclosure Document (FDD) and related agreements. The developer confirms they have read the Development Agreement and the FDD. They also state that they are not aware of any representations made by Brueggers Bagels or its representatives that contradict the information provided in the FDD or the terms of the agreement. This acknowledgement is crucial for Brueggers Bagels, as it aims to ensure that the developer is entering the agreement with a clear understanding of its terms and conditions, relying solely on the official documented information.
Furthermore, the developer acknowledges that they have received the FDD at least 14 days prior to signing the agreement or paying any fees. This 14-day period is a standard requirement under franchise regulations, providing potential franchisees with sufficient time to review the document and seek professional advice. The developer also confirms that they have had the opportunity to read, review, and understand the FDD, the agreement, and any attachments. This statement reinforces that the developer was given ample opportunity to become fully informed about the franchise opportunity.
Additionally, the developer acknowledges that Brueggers Bagels has permitted them sufficient time and opportunity to consult with advisors of their choosing regarding the potential benefits and risks associated with operating a Brueggers Bagels franchise. This acknowledgement highlights the franchisor's commitment to ensuring that franchisees make informed decisions after seeking independent counsel. By requiring these acknowledgements, Brueggers Bagels aims to minimize future disputes and demonstrate their adherence to transparency and fair practices in franchising.