Where can I find the specific amount of the B Bops development fee?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
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- If Company, in its sole discretion, determines to grant the Rights to Applicant, the Deposit shall be credited toward the amount required to be paid by Applicant as the initial
franchise fee or the development fee (whichever shall be applicable). If Company determines that the Rights will not be granted to Applicant, or if either party terminates this Agreement, Applicant shall be entitled to a refund (upon return of all confidential information) equal to the Deposit minus the lesser of: (i) Four Thousand Five Hundred Dollars ($4,500); or (ii) the actual expenses incurred by Company in providing the services identified in Section 2 hereof. For purposes of this Section 7, "actual expenses" shall be deemed to include all travel, lodging and other living expenses reasonably incurred by Company personnel, any other out of pocket expenses incurred by Company hereunder and a one hundred dollar ($100.00) per hour charge for office time spent reviewing information submitted by Applicant or preparing information to be furnished to Applicant. Company shall forward any refund to Applicant within ten (10) days after Applicant has returned all confidential information to Company. Failure to return any confidential information shall result in forfeiture of the entire Deposit and in such other action as Company may in its discretion
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to the 2025 B Bops FDD, the document mentions a 'development fee' in the context of an applicant being granted development rights. Specifically, if B Bops decides to grant development rights to an applicant, any deposit made by the applicant can be credited towards either the initial franchise fee or the development fee, whichever is applicable. However, the FDD excerpt does not specify the exact amount of the development fee itself.
Instead, the excerpt focuses on the conditions for refunding the deposit if B Bops chooses not to grant the rights or if either party terminates the agreement. In such cases, the applicant is entitled to a refund of the deposit, minus the lesser of $4,500 or the actual expenses incurred by B Bops in providing services to the applicant. These expenses include travel, lodging, out-of-pocket costs, and a $100 per hour charge for office time spent reviewing or preparing information for the applicant.
Therefore, while the FDD excerpt confirms the existence of a development fee for multi-unit developers, it does not disclose the specific amount. A prospective franchisee should inquire directly with B Bops about the current development fee and the specific terms and conditions associated with it.