Does the B Bops agreement obligate the company to grant the applicant the rights?

According to B Bops's 2025 Franchise Disclosure Document, the Application Agreement does not obligate B Bops to grant the applicant the rights to purchase a franchise. Both B Bops and the applicant have the right to terminate the agreement at any time by written notice. If B Bops decides not to grant the rights, the agreement is immediately terminated, and the applicant has no further interest in the trade area.

If the agreement is terminated, the applicant's rights are limited to the return of the deposit, or a portion thereof, as outlined in Section 7 of the agreement. The applicant waives any rights to damages or reimbursement for expenses incurred while investigating the feasibility of purchasing the rights. These costs and expenses are the sole responsibility of the applicant, and B Bops has no liability regarding them.

Prior to informing the applicant of its decision, B Bops agrees not to negotiate with any third party regarding the potential purchase of a B Bops Restaurant in the trade area. The term "negotiate" includes executing an Application Agreement with a third party, accepting a deposit from a third party, or providing any assistance or information identified in the agreement to a third party. This clause protects the applicant's initial interest while B Bops makes its decision.