Where can I find the specific date for the end of the B Bops agreement term?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
- C. Upon termination or expiration of this Agreement, the development rights granted hereunder shall become null and void and Developer shall immediately cease any further attempts to select or develop sites on which to construct Units. Developer shall have no right to establish or operate any Unit for which a Unit Franchise Agreement has not been executed by Company prior to termination or expiration hereof. Termination or expiration of this Agreement shall not affect the rights of Developer to operate any Unit in accordance with the terms of any Unit Franchise Agreement which Developer has entered into with Company, until and unless such Unit Franchise Agreement is terminated in accordance with its terms. Developer acknowledges that upon termination or expiration hereof, Company shall be entitled to: (i) retain the balance of the development fee not applied towards initial franchise fees prior to termination or expiration hereof; and (ii) establish, or license others to establish, B-Bop's Restaurants in the Trade Area, except to the extent limited by the terms of any Unit Franchise Agreement executed by Company and Developer.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
Based on the 2025 B Bops Franchise Disclosure Document, the information provided does not contain the specific date for the end of the agreement term. However, it does mention conditions for termination or expiration of the agreement.
Specifically, the document outlines that upon termination or expiration of the agreement, the developer's rights to develop sites become void, and they must cease attempts to select or develop sites for B Bops restaurants. However, the termination or expiration of the development agreement does not affect the developer's rights to operate any unit under a Unit Franchise Agreement, unless that agreement is terminated according to its own terms. The franchisor is entitled to retain the balance of the development fee not yet applied to initial franchise fees and can establish or license others to establish B Bops restaurants in the area, except as limited by any existing Unit Franchise Agreements.
To determine the specific end date of the B Bops agreement, a prospective franchisee should review the full franchise agreement and any related exhibits provided by the franchisor. If the date is not explicitly stated, it can likely be calculated from the effective date of the agreement, considering the term length. It would be prudent to discuss this directly with the franchisor to obtain clarification and ensure a clear understanding of the agreement's duration and renewal options.