Is there any provision for renewal or extension of the term in the B Bops Application Agreement?

According to B Bops's 2025 Franchise Disclosure Document, the Application Agreement does not contain provisions for renewal or extension of its term. The table in Item 17 outlines key provisions of the Application Agreement, including the term of the agreement, but explicitly states that renewal or extension of the term is 'Not applicable.'

This means that the Application Agreement, which precedes the actual franchise or development agreement, is a one-time agreement without an option to extend its duration. The Application Agreement, as stated in Section 3, allows B Bops to inform the applicant within 90 days from the effective date whether development or franchise rights will be granted.

Prospective franchisees should be aware that the absence of a renewal option in the Application Agreement means that its terms are limited to the initial application phase. If B Bops grants development or franchise rights, a separate Development Agreement or Franchise Agreement will govern the ongoing relationship, and those agreements may have their own renewal terms. Franchisees should carefully review the terms of the Development Agreement and Franchise Agreement for renewal options.