What document does B Bops forward to the Developer after site approval?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon approval of a proposed site, Company shall grant Developer the right and license to own and operate a B-Bop's Restaurant at such site, provided that Developer is in compliance with the terms of this Agreement and the terms of all Unit Franchise Agreements between the parties. Subject to the foregoing, Company shall forward to Developer a Unit Franchise Agreement to be executed with respect to the approved site. The Unit Franchise Agreement shall be the standard form of franchise agreement being utilized by Company to grant franchises at the time of development of each Unit. Developer shall execute the Unit Franchise Agreement in accordance with Company's instructions within twenty (20) days of receipt thereof and return it, together with the initial franchise fee payable for the Unit (as specified in Appendix III), to Company. In the event Developer fails to return the Unit Franchise Agreement and the initial franchise fee to Company within such twenty (20) day period, Company's approval of the site shall be null and void and Developer shall have no rights with respect to such site. The parties hereby acknowledge and agree that the terms and conditions of the Unit Franchise Agreement executed for the Unit developed pursuant to this Agreement shall govern and control the franchise relationship for each such Unit, except to the extent that such terms and conditions conflict with the provisions of this Agreement, in which event the provisions of this Agreement shall control. The parties further acknowledge and agree that the terms and conditions of each Unit Franchise Agreement executed pursuant to this Agreement shall remain in full force and effect notwithstanding the expiration and termination of this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, after B Bops approves a proposed site, they will forward a Unit Franchise Agreement to the Developer. This agreement grants the Developer the right to own and operate a B Bops Restaurant at the approved location. However, this is contingent on the Developer's compliance with the terms outlined in the overarching Development Agreement and all existing Unit Franchise Agreements between the parties.
The Developer is then required to execute the Unit Franchise Agreement according to B Bops's instructions within twenty days of receiving it. Along with the signed agreement, the Developer must also remit the initial franchise fee, the amount of which is specified in Appendix III of the FDD. Failure to return both the executed agreement and the initial franchise fee within the stipulated twenty-day period will render B Bops's site approval null and void, thereby forfeiting the Developer's rights to that specific location.
The FDD specifies that the terms and conditions detailed in the Unit Franchise Agreement will primarily govern the franchise relationship for each unit developed under the Development Agreement. However, in the event of any conflict between the Development Agreement and a Unit Franchise Agreement, the provisions of the Development Agreement will take precedence. Furthermore, the terms of each Unit Franchise Agreement will remain in effect even if the overarching Development Agreement expires or is terminated.