factual

What information is collected in the Personal Guarantors table for B Bops?

B_Bops Franchise · 2025 FDD

Answer from 2025 FDD Document

PERSONAL GUARANTORS

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the excerpt provided does not contain a Personal Guarantors table. However, it does include a Personal Guaranty agreement that outlines the obligations of individuals who guarantee the franchisee's performance.

The Personal Guaranty stipulates that the guarantors are partners, shareholders, or members of the franchisee entity. By signing, they agree to be personally bound by the Franchise Agreement's terms, ensure the franchisee's financial obligations are met, and prevent unauthorized transfers of the franchise. They also agree to adhere to non-disclosure and non-compete covenants within the agreement.

This means that anyone signing the Personal Guaranty for a B Bops franchise takes on significant individual liability. They are responsible for the franchisee's debts and must uphold the agreement's conditions, including confidentiality and non-competition. Prospective franchisees should carefully consider the implications of the Personal Guaranty and ensure that all guarantors fully understand their obligations before signing the Franchise Agreement.

To fully understand what information is collected in the Personal Guarantors table, a prospective franchisee should ask B Bops for a copy of the table and a detailed explanation of how the information is used.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.