Does the Buns On Fire disclosure document include an exhibit for Financial Statements?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS:
Exhibit A Location Addendum
Exhibit B. Guaranty (to Franchisor)
Exhibit C. Conditional Lease Assignment Provisions
Exhibit D. Site Location Addendum
Exhibit E. Internet, Website, and Telephone Listing Agreement
Exhibit F. State Specific Addendum
Exhibit G. Franchisee Disclosure Acknowledgement Statement
Exhibit H. Questionnaire
Exhibit I. Training Completion Agreement and Release
Exhibit J. [Reserved].
Exhibit K. Guaranty (Exclusive Supplier)
Exhibit L. Electronic Transfer Authorization
Exhibit M. Power of Attorney
Exhibit N. ADA Certificate
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, Exhibit J is reserved. The document lists several exhibits, including Exhibit A for Location Addendum, Exhibit B for Guaranty (to Franchisor), Exhibit C for Conditional Lease Assignment Provisions, Exhibit D for Site Location Addendum, Exhibit E for Internet, Website, and Telephone Listing Agreement, Exhibit F for State Specific Addendum, Exhibit G for Franchisee Disclosure Acknowledgement Statement, Exhibit H for Questionnaire, Exhibit I for Training Completion Agreement and Release, Exhibit K for Guaranty (Exclusive Supplier), Exhibit L for Electronic Transfer Authorization, Exhibit M for Power of Attorney, and Exhibit N for ADA Certificate.
However, the Buns On Fire FDD does not explicitly list an exhibit for Financial Statements. Franchisees typically rely on the financial statements to assess the financial stability and performance of the franchisor. These statements provide insights into the franchisor's revenue, expenses, assets, and liabilities, which are crucial for evaluating the overall risk and potential return of the franchise investment.
Given that the exhibit list does not include financial statements, prospective franchisees should specifically request and carefully review Buns On Fire's financial statements. This information is essential for making an informed investment decision and understanding the financial health of the franchise system.