How does the B Bops franchisor provide notice of termination to the developer?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
7_Picture_0.jpeg)
- B. Upon occurrence of any of the events set forth above, Company may, without prejudice to any other rights or remedies contained in this Agreement or provided by law or equity, terminate this Agreement by notice to Developer. Such termination shall be effective immediately upon receipt of written notice by Developer if the default is an event specified in paragraphs (1) through (6) above, to which no right of cure exists. Termination shall be effective thirty (30) days after receipt of written notice by Developer if the default is an event specified in paragraph (7) above and such default is not cured to Company's satisfaction within such period.
- C.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, B Bops may terminate the Development Agreement by providing notice to the developer. If the termination is due to specific events outlined in paragraphs (1) through (6) of the agreement, where no right to cure exists, the termination is effective immediately upon the developer's receipt of the written notice. However, if the termination results from an event specified in paragraph (7), the termination becomes effective thirty days after the developer receives the written notice, provided the default is not resolved to B Bops's satisfaction within that 30-day period.
Following the termination or expiration of the Development Agreement, the developer's rights to develop further sites become void, and they must cease any attempts to select or develop new locations unless a Unit Franchise Agreement has already been executed. The developer retains the right to operate existing units under previously executed Unit Franchise Agreements, as long as those agreements remain in effect.
B Bops is entitled to retain any unapplied balance of the development fee and can establish or license others to establish B Bops Restaurants within the trade area, except as limited by existing Unit Franchise Agreements. All notices to the Developer should be sent to the address listed on the signature page of the agreement.