Under the Brueggers Bagels Development Agreement Guaranty, what does BFC stand for?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
Developer is developing one or more Bruegger's ("Bakeries) pursuant to a Development Agreement (the "Development Agreement") with BRUEGGER'S FRANCHISE CORPORATION ("BFC").
Source: Item 22 — CONTRACTS (FDD page 61)
What This Means (2025 FDD)
According to the 2025 Brueggers Bagels Franchise Disclosure Document, BFC stands for Bruegger's Franchise Corporation. This definition is relevant to several agreements a franchisee might enter into. Specifically, it applies to the License Agreement, the Development Agreement, and the Franchise Agreement.
In each of these agreements, Brueggers Bagels requires individuals with legal or beneficial ownership interests to be personally bound by the obligations outlined in the respective agreements. These obligations include restrictions on competition, confidentiality, ownership changes, and dispute resolution. This means that not only the business entity but also the individuals behind it are responsible for upholding the terms of the agreement with Brueggers Bagels.
Furthermore, BFC, or Bruegger's Franchise Corporation, retains the right to directly enforce these agreements against the individuals who have an ownership interest in the Licensee, Developer, or Franchisee. This underscores the importance of understanding the full scope of the obligations and potential liabilities when investing in a Brueggers Bagels franchise, as the franchisor can pursue action directly against the individual owners for any breaches or violations of the agreement terms.