How many additional terms can a B Bops franchisee renew their franchise for?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
WAL OF FRANCHISE. The Franchise granted hereunder may be renewed at the option of Franchisee upon the expiration of the Term of this Agreement for one (1) additional ten (10) year term upon the same terms and conditions as for initial franchises being offered by Company at the time of such expiration, provided that:
- A. Franchisee gives Company written notice of its election to renew not less than six (6) months, nor more than twelve (12) months, prior to the expiration of the Term;
- B. Franchisee, when notice is given and at the time of renewal, is not in breach of any material provision of this Agreement, or of any other agreement between Franchisee and Company or any affiliate thereof, and has substantially complied with the material terms and conditions of this Agreement and all such other agreements during the Term hereof;
- C. All monetary obligations owed to Company or any affiliate thereof have been satisfied prior to renewal;
- D. Franchisee executes Company's standard form of franchise agreement being utilized by Company on the date of renewal to grant new B-Bop's Restaurant franchises;
- E. Franchisee pays to Company a nonrefundable renewal fee of Five Thousand Dollars ($5,000) payable in full upon execution of the then current franchise agreement;
- F. Franchisee performs such remodeling, repairs and/or redecoration as Company may reasonably require to cause the Franchise Premises and the equipment, fixtures, furniture, signs and other improvements to conform with the specifications being used for new B-Bop's Restaurants being franchised on th
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, a franchisee can renew their franchise agreement for one additional term. This renewal term lasts for ten years and is contingent upon meeting specific conditions.
To renew the franchise, the franchisee must provide written notice to B Bops of their intent to renew at least six months, but no more than twelve months, before the current term expires. The franchisee must also be in compliance with all agreements with B Bops and have satisfied all monetary obligations.
Additionally, the franchisee must execute B Bops's current standard franchise agreement and pay a nonrefundable renewal fee of $5,000. The franchisee is also responsible for any remodeling or repairs necessary to bring the restaurant up to the standards of new B Bops franchises at the time of renewal. These conditions ensure that the B Bops brand maintains its standards and that franchisees remain committed to the system.