During the last three fiscal years, has B Bops sold any franchises?

According to B Bops's 2025 Franchise Disclosure Document, the company has not sold any franchises in the past three fiscal years. The document explicitly states that "Since the Company has not sold any Franchises during its last three fiscal years, no Franchise Agreements have been entered into during this period." This means that B Bops has not added any new franchisees to its system through the sale of new franchise agreements during this time.

Furthermore, data from the tables provided in Item 20 of the FDD supports this statement. Specifically, the "Status of Franchised Outlets For Years 2022-2024" table shows that the number of franchised outlets remained constant at two for each year from 2022 through 2024. There were zero "Outlets Opened" during this period, reinforcing the claim that no new franchises were sold.

For a potential franchisee, this information is crucial. It indicates that the growth of B Bops during the past three years has not come from expanding its franchise network. Instead, the "Systemwide Outlet Summary For Years 2022-2024" shows that the company-owned stores have remained relatively stable. The "Projected New Franchised Outlet In the Next Fiscal Year" is zero, while the "Projected New Company-Owned Outlet In the Next Fiscal Year" is one, which suggests that B Bops is focusing on company-owned growth rather than franchising in the immediate future.