In the Brueggers Bagels Development Agreement, what information is provided in Exhibit B regarding Brueggers Bagels bakeries?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
The Bakeries will be developed in accordance with the schedule set forth in Exhibit B to this Agreement (the "Development Schedule").
Exhibit A, the Development Area and Exhibit B the Development Schedule are incorporated herein as if fully set forth in this Agreement.
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, Exhibit B to the Development Agreement contains the Development Schedule. This schedule outlines the timeline in which the bakeries will be developed. The bakeries are to be developed in accordance with this schedule.
This schedule is incorporated into the agreement as if it were fully written out in the agreement itself. If a franchisee fails to open a Brueggers Bagels bakery within the time specified in the Development Schedule, or if the required number of bakeries are not in operation by any deadline in the schedule, Brueggers Bagels has the option to terminate the agreement with written notice.
It is important for prospective Brueggers Bagels franchisees to carefully review Exhibit B and understand the development timelines and obligations, as failure to adhere to the schedule can result in termination of the agreement.