What is the deadline for the Developer to open B Bops Restaurants for business?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Trade Area"); and
WHEREAS, Company and Developer have mutually agreed upon the time schedule set forth in Appendix II attached hereto for the development of B-Bop's Restaurants in the Trade Area (such schedule to be hereinafter referred to as the "Development Schedule"); and
WHEREAS, the terms and conditions contained in this Agreement have been negotiated in reliance upon the unique financial and management ability of Developer to establish a multiple-unit franchise system.
NOW, THEREFORE, in consideration of the foregoing recitals and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
- GRANT AND ACCEPTANCE OF DEVELOPMENT RIGHTS. Company hereby grants to Developer, subject to the terms and conditions of this Agreement, the exclusive right to develop B-Bop's Restaurants in the Trade Area in compliance with the Development Schedule.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the deadline for a developer to open B Bops Restaurants for business is determined by the Development Schedule outlined in Appendix II of the Development Agreement. The developer is granted the exclusive right to develop B Bops Restaurants within a specific Trade Area, but this right is contingent upon compliance with the Development Schedule.
The Development Schedule, agreed upon by both B Bops and the developer, dictates the timeline for establishing multiple B Bops Restaurants. This schedule supersedes any conflicting timeframes specified in the Unit Franchise Agreement regarding construction and opening timelines. Therefore, while a Unit Franchise Agreement is required for each individual restaurant, the overarching Development Schedule takes precedence in setting the deadlines for opening each B Bops location.
Prospective developers should carefully review Appendix II to understand the specific timeframes and obligations for opening B Bops Restaurants within their designated Trade Area. Failure to adhere to the Development Schedule could result in a breach of the Development Agreement and potential loss of development rights. The FDD emphasizes the importance of the developer's financial and management capabilities to meet these obligations, highlighting the seriousness of the commitment.