factual

Where can I find the Buns On Fire Franchise Agreement within the FDD?

Buns_On_Fire Franchise · 2025 FDD

Answer from 2025 FDD Document

As a Franchisee, you will be required to sign personal guarantees relating to the payment of fees payable to us (the "Personal Guaranty"). The Personal Guaranty is attached to the Franchise Agreement (which is attached to this Franchise Disclosure Document as Exhibit D).

Source: Item 22 — CONTRACTS (FDD pages 48–49)

What This Means (2025 FDD)

According to the 2025 Buns On Fire Franchise Disclosure Document, the Franchise Agreement is attached as Exhibit D. Additionally, the document mentions several state-specific addenda to the Franchise Agreement, such as those for Maryland, California, and Hawaii, which would modify certain sections of the agreement for franchisees in those states. For example, the Maryland addendum modifies sections related to renewal, transfer, and initial franchise fee payments, while the California and Hawaii addenda also address initial franchise fee payments. These addenda supersede any conflicting terms in the standard Franchise Agreement for franchisees in those states.

Prospective franchisees should carefully review Exhibit D and any applicable state-specific addenda to fully understand their rights and obligations under the Buns On Fire franchise agreement. It is important to note that Illinois law governs the Franchise Agreement, and any provision designating jurisdiction and venue outside of Illinois is void, although arbitration may take place outside of the state. The Hawaii addendum also emphasizes the importance of reviewing all proposed agreements related to the sale of the franchise and acknowledges that the disclosure document contains only a summary of certain material provisions.

Furthermore, the Franchise Agreement includes exhibits such as Exhibit C, which contains conditional lease assignment provisions, and Exhibit J, a questionnaire that California franchisees should not complete. Understanding these exhibits and addenda is crucial for a franchisee to be fully aware of the terms and conditions of their franchise agreement with Buns On Fire.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.