When is the relocation fee for a B Bops franchise due?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
| Relocation fee | $2,000 | Upon approval of a new location by the Company. | The relocation fee must be paid only if the Franchise must be moved to a new location during the term of the Franchise Agreement as a result of the termination of a lease, the destruction of the premises by fire or other casualty or the commencement of eminent domain |
|---|---|---|---|
| Indemnification | Will vary. | As incurred. | proceedings. |
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, a relocation fee of $2,000 is due upon the Company's approval of a new location. This fee is only applicable if the franchisee must move to a new location during the term of the Franchise Agreement.
The circumstances necessitating relocation and the associated fee arise specifically from events such as the termination of a lease, destruction of the premises due to fire or other casualty, or the commencement of eminent domain proceedings. Therefore, the relocation fee is not a standard, recurring fee but rather a contingent expense.
For a prospective B Bops franchisee, it's important to understand the conditions under which this relocation fee would be incurred. Franchisees should factor in the potential for unforeseen circumstances that could trigger a relocation, and consequently, the $2,000 fee. Understanding lease terms, insurance coverage for potential damages, and local eminent domain laws can help a franchisee assess the risk of needing to relocate during the franchise term.