Does the Buns On Fire FDD mention any fees associated with the Power of Attorney?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney on
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
The 2025 Buns On Fire Franchise Disclosure Document (FDD) includes an exhibit referencing a Power of Attorney. However, the excerpt does not specify any fees associated with executing or utilizing this Power of Attorney. The document mentions various fees, such as the initial franchise fee, transfer fees, royalty fees, and advertising fees, but it does not explicitly link any of these fees to the Power of Attorney.
Prospective Buns On Fire franchisees should carefully review the franchise agreement and related documents to understand the circumstances under which a Power of Attorney might be required. They should also inquire directly with Buns On Fire about any potential costs or fees associated with the Power of Attorney, as this information is not detailed in the provided FDD excerpts. Understanding these potential costs is crucial for accurate financial planning.
It is common practice in franchising to have legal documents that may require a Power of Attorney in certain situations, such as transferring the franchise or in cases of franchisee incapacity. Franchisees should clarify with Buns On Fire whether the Power of Attorney is a standard requirement or only necessary under specific circumstances. Knowing the triggers and associated costs will help franchisees prepare for various scenarios during the franchise term.