In the Disclosure Acknowledgement for Brueggers Bagels, who does 'you' refer to?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Disclosure Acknowledgement | Statement, | wishes to | ascertain | that | |
|---|---|---|---|---|---|
| ("Licensee") and its owners fully understand that the | execution of a License Agreement | ||||
| for a license to own and operate a BRUEGGER'S BAGELS restaurant is a business decision, | |||||
| complete with associated risks, and that it is our policy to verify that Licensee and its owners are | |||||
| not relying upon any oral, written or visual statements, representations, promises or assurances | |||||
| which we have not authorized. In this document, "you" means Licensee and each of its owners. |
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the term "you" in the Disclosure Acknowledgement refers to the "Licensee" and each of its owners. This definition is important for ensuring that all parties involved in the franchise agreement, including the licensee and their owners, understand the terms and conditions outlined in the document.
This clarification is crucial because the Disclosure Acknowledgement is designed to confirm that the licensee and their owners are making an informed business decision, fully aware of the risks associated with owning and operating a Brueggers Bagels restaurant. By explicitly defining "you" as the licensee and each of its owners, Brueggers Bagels ensures that everyone involved acknowledges they are not relying on any unauthorized statements or assurances.
For a prospective Brueggers Bagels franchisee, this means that they, along with any co-owners, must carefully review and understand the Disclosure Acknowledgement. They should seek clarification on any points they find unclear and ensure they are comfortable with the risks involved before proceeding with the franchise agreement. This also highlights the importance of consulting with legal and financial advisors to fully assess the implications of the agreement.