In Exhibit A to the Franchise Agreement for Brueggers Bagels, what information is required regarding the franchisee's organization/formation date and state?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT A TO THE FRANCHISE AGREEMENT PREMISES, MANAGEMENT AND OWNERSHIP
PREMISES: Operating Partner: Franchisee is a (Corporation/limited liability company/partnership) FRANCHISEE: You were organized/formed on , 20 under the laws of the State of Your Federal Identification Number is If Franchisee is a corporation, partnership, or limited liability company, the following persons constitute all owners of a legal and/or beneficial interest: Name Type of Interest Percentage Ownership % % % % The following persons constitute all of your officers, directors and the management personnel that is or will receive training of the System: Name Position THIS INFORMATION IS ACCURATE AS OF THE DAY OF , 20
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, Exhibit A to the Franchise Agreement requires specific details about the franchisee's business structure. If the franchisee is a corporation, limited liability company, or partnership, they must disclose the date they were organized or formed, as well as the state under whose laws they were organized. The franchisee must also provide their Federal Identification Number.
Furthermore, if the franchisee is one of the aforementioned business entities, Exhibit A requires a comprehensive list of all individuals holding legal or beneficial ownership interests in the franchise. This list must include each owner's name, the type of interest they hold (e.g., shareholder, partner, member), and the percentage of ownership they possess. This information ensures transparency regarding the ownership structure of the Brueggers Bagels franchise.
In addition to ownership details, Exhibit A also mandates the disclosure of all officers, directors, and management personnel who are currently receiving or will receive training in the Brueggers Bagels system. For each individual, their name and position within the franchise must be provided. Finally, the franchisee must attest that all information provided in Exhibit A is accurate as of the specified date.