If I establish a B Bops Franchise under the Development Agreement, what agreement must I execute?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
If you choose to obtain development rights under the Development Agreement, you will be required to pay to the Company a development fee as described in Item 5 of this disclosure document.
For each Franchise you establish under the Development Agreement, you will be required to execute the then current version of the franchise agreement and you will be required to undertake an initial investment to establish the Franchise. The Company's estimate of the initial investment currently required to establish a Franchise appears above. You should understand, however, that the initial investment required to establish Franchises in the future may be materially different from that described above.
8.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–21)
What This Means (2025 FDD)
According to the 2025 B Bops Franchise Disclosure Document, if you obtain development rights under the Development Agreement, you will be required to execute the then-current version of the franchise agreement for each franchise you establish. You will also be required to undertake an initial investment to establish the franchise.
The FDD notes that the initial investment required to establish franchises in the future may differ materially from the current estimates. This means that while you are operating under a Development Agreement, the costs to open a B Bops franchise could change over time due to market conditions, inflation, or changes in the B Bops business model.
Prospective franchisees should carefully consider this potential variability and discuss with B Bops how the initial investment costs are likely to evolve during the term of their Development Agreement. Understanding these potential changes is crucial for long-term financial planning and ensuring the profitability of each B Bops location developed under the agreement.