What is the 'Development Schedule' defined as for B Bops development?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
M OF AGREEMENT
- Developer agrees to develop B-Bop's Restaurants in the Trade Area in accordance with the following schedule (the "Development Schedule"):
| 6. | Consumers Protection Division | 13. | Department of Licensing | |---|---|---|---| The Development Schedule indicates, for each development period, the number of Units that Developer shall be required to: (a) develop and open during the development period; and (b) have open and operating, on a cumulative basis, at the end of the development period. Any Unit which is permanently closed by Developer after having been opened shall be deemed opened and operating for purposes of the Development Schedule only if a Unit designated as the substitute for the closed Unit is opened for operation within nine (9) months of such closing. The substitute Unit shall not otherwise count towards completion of the Development Schedule.
| 7. | State of Minnesota | 14.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the Development Schedule outlines the timeline for developing B Bops Restaurants within a specific Trade Area. The developer commits to adhering to this schedule as part of the Multiple-Unit Development Agreement. This schedule is mutually agreed upon by B Bops and the developer.
The Development Schedule specifies the number of B Bops units the developer must (a) develop and open during each development period and (b) have open and operating on a cumulative basis by the end of each period. This ensures consistent and timely expansion within the designated area.
If a B Bops unit is permanently closed, it will still count towards the Development Schedule if a replacement unit opens within nine months of the closure. However, this substitute unit will not count towards fulfilling any other requirements of the Development Schedule, ensuring that it truly replaces the closed unit rather than contributing to additional development goals.