What is the agreement called that outlines the franchise relationship with B Bops?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
The undersigned persons hereby represent to B-BOP'S FRANCHISING CORP. ("Company") that they are partners, shareholders or members of the franchisee ("Franchisee") entering into the within and foregoing Franchise Agreement (the "Agreement"), of which this Personal Guaranty shall be deemed an integral part.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the agreement that outlines the franchise relationship is called the "Franchise Agreement." This agreement grants the franchisee a nonexclusive right, license, and franchise to operate a B Bops restaurant. The Franchise Agreement includes the terms and conditions that the franchisee must adhere to while operating the B Bops restaurant.
The Franchise Agreement covers various aspects of the franchise operation, including the term of the agreement, exclusivity, commencement of operations, and development of the franchise premises. The term of the agreement continues until the fifteenth anniversary of the effective date, or until the termination of the agreement. B Bops also agrees not to open or franchise another B Bops Restaurant within a two-mile radius of the Franchise Premises during the term of the agreement.
Furthermore, the Franchise Agreement requires the franchisee to secure a site approved by B Bops and to operate the franchise in compliance with B Bops's standards, policies, and procedures as outlined in the operations manual. The franchisee cannot subfranchise or authorize any other person to operate a B Bops Restaurant. Upon termination or expiration of the agreement, the franchisee must cease operating as a B Bops Restaurant and discontinue using the licensed marks.