How much is the deposit required to apply for a B Bops franchise?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
Deposit on Application. To apply for purchase of an initial Franchise, you must sign and submit an Application Agreement to the Company, accompanied by a deposit of $5,000. The amount of the deposit is uniform as to all persons currently applying to purchase an initial Franchise. Upon submission of the deposit and an Application Agreement, the Company will provide certain services (specified in Item 11 hereof) to assist you in assessing the feasibility of purchasing a Franchise if Company determines that a Franchise should be granted. The Company has absolute discretion in determining whether a Franchise will be granted. You will be notified by the Company in writing within ninety (90) days of submitting the Application Agreement regarding its decision to grant a Franchise (unless such period is extended in the Company's discretion).
In the event the Company decides to grant you a Franchise, the deposit will be applied toward payment of the initial franchise fee. If, on the other hand, the Company determines that a Franchise will not be granted, or if either party terminates the Application Agreement before a decision on granting a Franchise has been made, a portion of the deposit will be refunded to you
once you have returned any confidential information which may have been provided to you by the Company. The refund will be equal to the amount of deposit minus the lesser of: (i) $4,500; or (ii) the actual expenses (including travel and lodging expenses and a $100 hourly fee for office time) incurred by the Company in providing the services required under the Application Agreement. The Application Agreement may be terminated by either party at any time by written notice to the other, in which event you will be entitled to a refund of the deposit calculated in accordance with the method described above.
If you already own an existing Franchise, you will not be required to execute an Application Agreement or to pay a deposit in connection with the purchase of an additional Franchise from the Company.
Source: Item 5 — INITIAL FEES (FDD pages 12–14)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, a deposit of $5,000 is required when submitting an Application Agreement to purchase an initial franchise. This deposit amount is the same for all applicants. Upon receiving the deposit and application, B Bops will offer services to help assess the feasibility of the franchise purchase, but the company retains absolute discretion in granting a franchise.
The FDD states that B Bops will notify the applicant in writing of its decision within 90 days of receiving the Application Agreement, although this period may be extended at B Bops's discretion. If B Bops grants the franchise, the $5,000 deposit will be applied toward the initial franchise fee.
However, if B Bops decides not to grant the franchise, or if either party terminates the Application Agreement before a decision is made, a portion of the deposit will be refunded. The refund amount will be the deposit minus the lesser of $4,500 or the actual expenses incurred by B Bops, including travel, lodging, and a $100 hourly fee for office time. The Application Agreement can be terminated by either party with written notice, entitling the applicant to a refund calculated as described, after the applicant returns any confidential information provided by B Bops. Note that if you already own a B Bops franchise, you do not need to pay this deposit.