Which exhibit in the Buns On Fire franchise agreement pertains to the guaranty of franchisee obligations?

According to the 2025 Buns On Fire Franchise Disclosure Document, Exhibit B, titled "Guaranty (to Franchisor)," pertains to the guaranty of franchisee obligations to the franchisor. Additionally, Item 8 mentions that as a franchisee, you will be required to sign personal guarantees relating to the payment of fees payable to Buns On Fire, and this Personal Guaranty is attached to the Franchise Agreement as Exhibit D.

These exhibits are crucial because they outline the franchisee's personal commitment to covering the financial obligations to Buns On Fire. This means that in addition to the business itself being liable for franchise fees, the franchisee as an individual is also on the hook. This is a common practice in franchising, as it provides the franchisor with an additional layer of security.

Prospective franchisees should carefully review both Exhibit B and Exhibit D to fully understand the scope and terms of the personal guaranty. It is important to understand what assets could be at risk in the event the Buns On Fire franchise is unable to meet its financial obligations. Franchisees should also seek legal counsel to fully understand the implications of signing a personal guarantee.