factual

When should a B Bops Developer commence construction of the unit after procuring the site?

B_Bops Franchise · 2025 FDD

Answer from 2025 FDD Document

Upon receipt of Company's approval of a proposed site, Developer shall immediately take the necessary steps to acquire the site (by purchase, lease or sublease) and obtain the rights to construct and operate a Unit on the site. As soon as practicable after procuring the site, Developer agrees to commence construction of the Unit in accordance with the terms of the Unit Franchise Agreement executed for such Unit, provided, however, that the Development Schedule imposed herein shall be in lieu of the terms of such Unit Franchise Agreement governing the time periods for construction and opening of the Unit.

Source: Item 23 — RECEIPTS (FDD pages 53–145)

What This Means (2025 FDD)

According to B Bops's 2025 Franchise Disclosure Document, a Developer must begin construction of a unit as soon as it is practical after securing the site. However, the Development Schedule outlined in the Multiple-Unit Development Agreement takes precedence over any conflicting terms in the Unit Franchise Agreement regarding construction timelines. This means the Developer must adhere to the specific deadlines and milestones set forth in the Development Schedule for each unit.

This requirement ensures that B Bops can maintain its planned expansion timeline within the designated trade area. The Development Schedule is designed to keep the Developer on track and prevent delays in opening new restaurants. By prioritizing the Development Schedule, B Bops aims to ensure consistent and timely development across all franchised locations.

It is important for prospective B Bops developers to carefully review the Development Schedule in Appendix II of the Multiple-Unit Development Agreement. Understanding these timelines is crucial for planning and managing the construction process effectively. Developers should also be aware that failure to adhere to the Development Schedule could potentially lead to termination of the agreement, as outlined in Section 11.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.