Does the B Bops Application Agreement require the applicant to provide a business plan?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
l be applicable). If Company determines that the Rights will not be granted to Applicant, or if either party terminates this Agreement, Applicant shall be entitled to a refund (upon return of all confidential information) equal to the Deposit minus the lesser of: (i) Four Thousand Five Hundred Dollars ($4,500); or (ii) the actual expenses incurred by Company in providing the services identified in Section 2 hereof. For purposes of this Section 7, "actual expenses" shall be deemed to include all travel, lodging and other living expenses reasonably incurred by Company personnel, any other out of pocket expenses incurred by Company hereunder and a one hundred dollar ($100.00) per hour charge for office time spent reviewing information submitted by Applicant or preparing information to be furnished to Applicant. Company shall forward any refund to Applicant within ten (10) days after Applicant has returned all confidential information to Company. Failure to return any confidential information shall result in forfeiture of the entire Deposit and in such other action as Company may in its discretion
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
Based on the 2025 B Bops Franchise Disclosure Document excerpts, it is not explicitly stated whether the Application Agreement requires an applicant to provide a business plan. However, the document does mention that the company reviews information submitted by the applicant. Specifically, Section 7 states that if B Bops determines not to grant the rights to the applicant, the refund of the deposit will be reduced by the lesser of $4,500 or the actual expenses incurred by the company. These expenses include a $100 per hour charge for office time spent reviewing information submitted by the applicant.
This suggests that B Bops does review information provided by the applicant as part of the application process. While the FDD does not specify that a business plan is required, it is possible that B Bops requests or encourages applicants to submit one as part of their application package. The FDD also states that the terms and conditions contained in the agreement have been negotiated in reliance upon the unique financial and management ability of the developer to establish a multiple-unit franchise system.
To gain clarity, a prospective B Bops franchisee should directly ask the franchisor whether a business plan is a required or recommended part of the Application Agreement. Understanding what information B Bops expects from applicants will help in preparing a strong application and assessing the overall suitability of the franchise opportunity.