How much advance notice is required before B Bops Company can revoke a waiver?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Company or Developer may by written notice to the other unilaterally waive or reduce any obligation of or restriction upon the other imposed by this Agreement, effective upon delivery of such written notice to the other. Company makes no warranties upon which Developer may rely, and assumes no liability or obligation to Developer, by granting any waiver or by reason of any delay in acting on any request for a waiver. Any waiver granted by Company shall be without prejudice to any other rights Company may have, will be subject to continuing review by Company, and may be revoked, in Company's sole discretion, at any time and for any reason, effective ten (10) days after delivery of written notice to Developer.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the company can revoke a waiver that it previously granted to a developer. B Bops must provide written notice to the developer that the waiver is being revoked. The revocation is effective ten days after the developer receives the written notice.
This means that even if B Bops has previously waived a certain requirement or obligation for a franchisee, it retains the right to reinstate that requirement with only ten days' notice. This allows B Bops to maintain flexibility in enforcing the franchise agreement and adapting to changing business conditions.
For a prospective B Bops franchisee, this clause highlights the importance of understanding that any waivers granted are not permanent and can be withdrawn. It would be prudent to factor this possibility into their business planning and assess the potential impact of a waiver being revoked. Franchisees should maintain open communication with B Bops to understand the circumstances under which a waiver might be revoked and to mitigate any potential disruptions to their business.