What exhibit contains the Application Agreement that must be submitted to B Bops?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Of that amount, a $5,000 deposit (described below) must be paid when you submit an executed Application Agreement (Exhibit E hereto) to the Company for the purchase of a Franchise.
Source: Item 5 — INITIAL FEES (FDD pages 12–14)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the Application Agreement that must be submitted to the company is included as Exhibit E. To apply for a single-unit B Bops franchise, prospective franchisees must submit the executed Application Agreement along with a $5,000 deposit. This deposit is part of the initial franchise fee of $30,000 for those who do not already own an existing B Bops franchise.
For those interested in multiple-unit arrangements, a similar process applies. To apply for the purchase of development rights, an Application Agreement and a $5,000 deposit are required. This deposit is also uniform for all applicants seeking development rights. This initial deposit will be credited towards the development fee, which is calculated by multiplying $5,000 by the number of franchises to be developed under the agreed schedule.
It's important to note that submitting the Application Agreement and deposit does not guarantee the granting of a franchise or development rights. B Bops retains absolute discretion in making these decisions. Applicants will be notified in writing within 90 days of submitting the Application Agreement, although this period may be extended at B Bops's discretion. If B Bops decides not to grant the franchise or development rights, or if either party terminates the Application Agreement, a portion of the deposit will be refunded, less certain expenses incurred by B Bops.