What is the maximum amount a Brueggers Bagels franchisee might pay for a private securities offering?

According to Brueggers Bagels' 2025 Franchise Disclosure Document, if a franchisee or any owner desires to offer securities in a private offering, they must pay a non-refundable fee. This fee is equal to 50% of Brueggers Bagels' then-current initial franchise fee. This fee reimburses Brueggers Bagels for their costs and expenses associated with reviewing the proposed offering materials.

This means that in addition to the regular transfer fee, a franchisee needs to budget for this additional cost if they plan to raise capital through a private securities offering. The fee is non-refundable, regardless of whether the offering is successful. The amount will depend on what Brueggers Bagels' initial franchise fee is at the time of the offering.

For a prospective franchisee, this highlights the importance of understanding all potential costs associated with operating a Brueggers Bagels franchise, including those that may arise from seeking investment. It is crucial to factor in this expense when considering financing options and developing a business plan.