What is the subject of Exhibit K, the Guaranty (Exclusive Supplier), in the Buns On Fire FDD for Buns On Fire?
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 K is a Guaranty related to an Exclusive Supplier. This suggests that a franchisee may be required to guarantee obligations related to an exclusive supplier agreement.
In practice, this means that Buns On Fire franchisees might need to personally guarantee that they will purchase supplies exclusively from a designated supplier. This is a common practice in franchising, allowing the franchisor to maintain quality control and consistency across all locations.
The Guaranty (Exclusive Supplier) likely outlines the terms and conditions under which the franchisee guarantees the performance of the exclusive supply agreement. This could include guaranteeing payment for goods or services provided by the supplier. A prospective franchisee should carefully review Exhibit K with legal counsel to understand the full scope of their obligations and potential liabilities under this guarantee.