How often will Buns On Fire provide updated financial statements?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
You must contribute one percent (1%) of your Gross Sales to the Marketing Fund. All franchisees and franchisor-owned operations will contribute on the same pro rata basis. At your request, we will make available to you an annual unaudited financial statement of the Marketing Fund. As we have just commenced franchising efforts, we have no prior year's allocation of expenditures to disclose.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 47–48)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, Buns On Fire will provide an annual unaudited financial statement of the Marketing Fund to franchisees upon request. This statement will detail the collection and expenditure of funds allocated to national and global advertising programs.
As a new franchise system, the FDD notes that Buns On Fire has no prior year's allocation of expenditures to disclose. This means prospective franchisees cannot review past performance of the Marketing Fund to assess how effectively the funds have been used.
It is important for potential franchisees to request and carefully review the annual unaudited financial statement to understand how the Marketing Fund is being managed and whether the expenditures align with the franchisee's expectations for brand promotion and support. Franchisees should also inquire about the criteria Buns On Fire uses to determine the allocation of marketing funds and the selection of advertising media.