Under what grounds can a Nothing Bundt Cakes franchisee terminate the franchise agreement in Washington?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT J TO THE DISCLOSURE DOCUMENT FRANCHISEE DISCLOSURE ACKNOWLEDGMENT STATEMENT
THIS ACKNOWLEDGEMENT SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to the 2025 Nothing Bundt Cakes Franchise Disclosure Document, the Franchisee Disclosure Acknowledgment Statement does not apply to franchisees in Washington. This means that the document, which aims to confirm that franchisees are not relying on unauthorized or misleading statements, is not required in Washington.
However, the FDD does not provide information regarding the grounds for a Nothing Bundt Cakes franchisee to terminate the franchise agreement in Washington. The document focuses on the franchisor's right to terminate the Development Rider under specific conditions, such as failure to meet development obligations or termination of the franchise agreement by the franchisor.
Because the excerpt does not specify the franchisee's termination rights, prospective franchisees in Washington should directly ask Nothing Bundt Cakes about the conditions under which they can terminate the franchise agreement. Understanding these conditions is crucial for assessing the risks and benefits of investing in a Nothing Bundt Cakes franchise.