When was the Company associated with the B Bops franchise formed?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is B-Bop's Franchising Corp. To simplify the language used in this disclosure document, the franchisor will be referred to as the "Company". The Company is an Iowa corporation with its principal office located at 2900 100th St., Suite 302, Urbandale, Iowa 50322; telephone (515) 221-3202. The Company was incorporated on June 30, 1994 to sell franchises for the operation of B-Bop's Restaurants. The Company does business only under its formal corporate name, "B-Bop's Franchising Corp." The Company's business consists of granting franchises to others for the operation of B-Bop's Restaurants and providing support services to its franchisees. The Company does not currently own or operate a B-Bop's Restaurant, although its affiliate, B-Bop's, Inc., owns and operates ten B-Bop's Restaurants in the Des Moines, Iowa area. The Company began offering franchises for B-Bop's Restaurants in November, 1994. The Company has not offered franchises in any other line of business.
Source: Item 2 — BUSINESS EXPERIENCE (FDD page 11)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, B-Bop's Franchising Corp. (referred to as "the Company") was incorporated on June 30, 1994. The purpose of the company's formation was to sell franchises for the operation of B Bops Restaurants. The FDD also states that the Company began offering franchises for B Bops Restaurants in November 1994.
For a prospective franchisee, this information establishes the history and experience of B Bops in the franchise industry. Knowing the incorporation date and when the company began franchising can help evaluate the maturity and stability of the franchise system.
It's also relevant to note that B Bops, Inc., an affiliate of the franchising corporation, was incorporated earlier on June 30, 1989, to own and operate the original B Bops restaurant. This affiliate currently operates ten B Bops Restaurants in the Des Moines, Iowa area, demonstrating their experience in the restaurant business itself.