When does the term expire under the Brueggers Bagels Development Agreement?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Development Agreement | Summary |
|---|---|---|
| a. Length of the | Section 2 | Term expires on the last deadline |
| franchise term | specified in your Development Schedule. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 49–54)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the term of the Development Agreement expires on the last deadline specified in the Development Schedule. This means that the specific expiration date is not a fixed date but is dependent on the individual development schedule agreed upon in the Development Agreement.
For a prospective Brueggers Bagels developer, this implies that the duration of their development rights is tied to their ability to meet the milestones outlined in their Development Schedule. Failing to meet these deadlines could result in the termination of the agreement, as indicated in the sections defining curable and non-curable defaults.
It is important for potential developers to carefully review and understand the Development Schedule before signing the Development Agreement. They should also assess their capacity to meet the specified deadlines for opening new Brueggers Bagels locations. This is to ensure they can fulfill their obligations and maintain their development rights throughout the term of the agreement.