What happens if B Bops doesn't grant me development or franchise rights?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
| D. Termination by You | Sections 4 and 8 | You may terminate at anytime without cause. Upon termination you will be entitled to the amount of the deposit ($5,000) minus the lesser of (i) $4,500 or (ii) the actual expenses incurred by the Company, as provided in the Application Agreement. If the Company determines to grant you development rights or franchise rights (whichever is applicable) and you do not execute and deliver the appropriate documentation and pay the initial franchise fee or development fee, whichever is applicable, within 15 days after receipt of the documents the Application Agreement shall become | |----------------------------------------------------|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | null and void. | | E. Termination by the Company without cause | Sections 4 and 7 | The Company has the right to terminate the Application Agreement at any time without cause. The Application Agreement also terminates in the event the Company advises you that the development rights or franchise rights, whichever is applicable, will not be granted. Upon termination you will be entitled to a refund equal to the amount of the deposit ($2,500) minus the lesser of (i) $2,000 or (ii) the actual expenses incurred by the Company, as provided in the Application Agreement. | | F. Termination by the | None | Not Applicable. | | Company with cause | | | | G. "Cause" defined-curable | None | Not Applicable. | | H. "Cause" defined-non-curable | None | Not Applicable | | I. Your obligations Termination/nonrenewal | Section 5 | Upon termination you must return to the Company all confidential information and refrain from any further use of confidential information. | | J. Assignment of contract | None | Not Applicable. | | by the Company | | | | K. "Transfer" by you | Section 10 | You may not transfer or assign the Application Agreement. | | L. The Company's approval of | None | Not Applicable. | | a transfer by you. | | | | M. Conditions for approval | None | Not Applicable. | | of transfer | | |
| N. The Company's right of First Refusal to acquire your business | None | Not Applicable.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 40–49)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the company will inform you within 90 days from the effective date of the Application Agreement whether development rights or franchise rights will be granted. If B Bops advises you that the development rights or franchise rights will not be granted, the Application Agreement terminates.
Upon termination of the Application Agreement, you are entitled to a refund equal to the amount of the deposit ($2,500) minus the lesser of (i) $2,000 or (ii) the actual expenses incurred by B Bops, as provided in the Application Agreement. This means that you may not get the full $2,500 back, depending on the expenses B Bops incurred while considering your application.
It is important to note that this refund policy applies specifically when B Bops terminates the Application Agreement because they will not grant you development or franchise rights. If you terminate the agreement yourself, a different refund policy applies, where you would be entitled to the amount of the deposit ($5,000) minus the lesser of (i) $4,500 or (ii) the actual expenses incurred by the Company.