What is the B Bops company's role in approving the material terms of the franchise transfer?

According to B Bops's 2025 Franchise Disclosure Document, the company plays a role in approving the material terms of a franchise transfer. Specifically, B Bops must approve the material terms of the transfer and determine that the price and terms of payment are not so burdensome as to have a material adverse effect on the future operation of the franchise by the transferee. This approval is one of several conditions that must be met for a franchise transfer to be valid.

This stipulation means that a potential franchisee looking to buy an existing B Bops location will need to ensure that the terms of the sale are acceptable to the franchisor. B Bops has the right to reject a transfer if they believe the financial terms could negatively impact the store's future performance. This protects the B Bops brand and ensures that new franchisees are set up for success.

In addition to approving the financial terms, B Bops also has other requirements for franchise transfers, such as requiring the transferee to sign an agreement assuming all of the franchisee's obligations, and requiring both parties to sign a general release of claims against the company. The franchisee must also pay a $3,000 transfer fee to B Bops. These stipulations are typical in franchising, as franchisors want to maintain control over who operates their locations and ensure a smooth transition.