Does Brueggers Bagels have the right to audit the books of any Marketing Co-op?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
- 14.6.6. We and our designated agents will have the right to examine and copy, at our expense, on reasonable notice and during normal business hours, the books, records, and accounts of any Marketing Co-op. We will also have the right, at any time, to have an independent audit made of the books of any Marketing Co-op.
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, Brueggers Bagels retains specific rights regarding Marketing Co-ops. Brueggers Bagels and its designated agents have the right to examine and copy the books, records, and accounts of any Marketing Co-op. This examination can occur with reasonable notice, during normal business hours, and at Brueggers Bagels's expense.
Furthermore, Brueggers Bagels has the right to conduct an independent audit of the Marketing Co-op's books at any time. This audit provides Brueggers Bagels with a mechanism to ensure financial transparency and compliance within the Marketing Co-op.
This clause in the franchise agreement allows Brueggers Bagels to maintain oversight of marketing activities and expenditures, ensuring that funds are used appropriately and in alignment with the brand's overall marketing strategy. For a prospective franchisee, this means that the Marketing Co-op they participate in will be subject to financial scrutiny by Brueggers Bagels, promoting accountability and potentially safeguarding their marketing contributions.