When opening a Brueggers Bagels franchise, does the franchisee acknowledge their willingness to undertake the business risks associated with the venture?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
You recognize and understand that business risks which exist in connection with the ownership, development and operation of any business make the success or failure of the BRUEGGER'S BAGELS restaurant license subject to many variables, including your skills and abilities, competition, interest rates, the economy, inflation, location(s), operation, labor and supply costs, lease terms and costs and the marketplace. Further, you understand that the economic and business factors that exist at the time you open your license may change. You acknowledge that you have conducted an independent investigation of the business venture contemplated by the License Agreement and recognize that the success of the venture involves substantial business risk and will be dependent primarily on your ability as an independent businessperson. You hereby acknowledge your willingness to undertake these business risks.
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, franchisees acknowledge the business risks associated with opening and operating a franchise. Franchisees must recognize that various factors can influence the success or failure of their Brueggers Bagels restaurant. These variables include the franchisee's own skills and abilities, the level of competition in the market, prevailing interest rates, the overall state of the economy, inflation rates, the specific location of the restaurant, operational efficiency, labor and supply costs, lease terms, and general marketplace conditions.
Furthermore, the franchisee understands that economic and business conditions can change between the time they sign the agreement and when they actually open their Brueggers Bagels location. The franchisee's acknowledgement also confirms they have conducted their own independent investigation into the business venture and recognize that its success depends largely on their capabilities as an independent businessperson.
By signing the franchise agreement, the franchisee confirms their willingness to accept these inherent business risks. This acknowledgement is a standard practice in franchising, ensuring that franchisees are aware of the potential challenges and uncertainties involved in owning and operating a franchise.