Does the B Bops FDD contain financial performance representations for company-owned outlets?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial information or projections of your future income, you should report it to the franchisor's management by contacting Robert D. Johnson, 2900 100th St., Suite 302, Urbandale, Iowa 50322, (515) 221-3203, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATION (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 B Bops FDD, B Bops does not make any representations about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. B Bops also does not authorize its employees or representatives to make any such representations either orally or in writing.
This means that B Bops is not providing any specific data or projections regarding the potential revenues, expenses, or profits that a new franchisee could expect to achieve. Nor does B Bops provide data on how existing company-owned or franchised locations have performed financially. This is a common practice among franchisors, as financial performance can vary significantly based on location, management, and other factors.
However, if you are purchasing an existing B Bops outlet, the franchisor may provide you with the actual records of that specific outlet. If a prospective franchisee receives any financial information or projections of future income from any other source, they should report it to B Bops' management, the Federal Trade Commission, and the appropriate state regulatory agencies. This is to ensure that franchisees are not relying on unauthorized or unsubstantiated financial claims.