Which section of the Cinnabon Franchise Agreement is amended regarding the Initial Franchise Fee?

According to Cinnabon's 2025 Franchise Disclosure Document, several sections of the Franchise Agreement are amended concerning the initial franchise fee, depending on the type of Cinnabon bakery. For Concession Bakeries, Sections 16.3.K (Control Transfer), 16.4 (Non-Control Transfers), 16.5 (Related Party Transfers), and 18.2.D (Reinstatement Fee) are revised. These sections replace "then-current initial franchise fee" with "then-current initial franchise fee for a Concession Bakery."

Similarly, for Express Bakeries, Sections 16.3.K (Control Transfer), 16.4 (Non-Control Transfers), 16.5 (Related Party Transfers), and 18.2.D (Reinstatement Fee) are also revised. In these sections, the phrase "then-current initial franchise fee" is replaced with "then-current initial franchise fee for an Express Bakery." Additionally, Section 2.2.B(ii) (Conditions for Renewal Term) is revised to replace "thencurrent Initial Franchise Fee" with "then-current Initial Franchise Fee for Express Bakeries."

These amendments indicate that the initial franchise fee may vary depending on the type of Cinnabon bakery a franchisee operates (Concession vs. Express). This distinction is important for franchisees considering transferring ownership, renewing their franchise agreement, or reinstating a terminated franchise, as the applicable initial franchise fee will be specific to their bakery type. Prospective franchisees should carefully review these sections to understand the financial implications related to their specific type of Cinnabon franchise.