Under what conditions is the Buns On Fire Irrevocable Power of Attorney invoked?
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)
Based on the 2025 Buns On Fire Franchise Disclosure Document, Exhibit M is a Power of Attorney. However, the excerpt does not specify the conditions under which the Irrevocable Power of Attorney is invoked. The FDD only lists it as an exhibit within Item 23.
To fully understand the circumstances that would trigger the Power of Attorney, a prospective Buns On Fire franchisee should carefully review the full franchise agreement and related exhibits.
Specifically, the franchisee should ask Buns On Fire to explain what actions the Power of Attorney allows the franchisor to take, and what events would lead to the franchisor exercising those powers. Understanding these conditions is crucial for assessing the risks and obligations associated with the franchise.