What does the term 'Trade Area' refer to in the B Bops Application Agreement?

According to B Bops's 2025 Franchise Disclosure Document, the 'Trade Area' is a defined geographic area where the applicant is applying to either own and operate one B Bops restaurant or develop multiple B Bops restaurants on an exclusive basis. The specific details of the trade area are described in Appendix I of the Application Agreement.

B Bops may not establish or license another party to establish a B Bops restaurant in the Trade Area before the Application Agreement terminates or expires. The applicant may submit proposed sites for a Unit within the Trade Area to B Bops for approval. The applicant must also submit a written report to B Bops with information or material that B Bops may reasonably request.

During the term of the Application Agreement, the developer cannot engage in any business that is the same as or substantially similar to a B Bops restaurant, except for Units they own and operate under a Unit Franchise Agreement. After the Application Agreement terminates or expires, the developer is restricted from engaging in a similar business within the Trade Area or within a 20-mile radius of any other B Bops restaurant for two years.