Under what conditions can a waiver granted by B Bops Company be revoked?
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, any waiver that B Bops grants to a developer can be revoked at any time and for any reason, according to the company's sole discretion. This revocation becomes effective ten days after B Bops delivers written notice to the developer.
This means that even if B Bops has previously waived a specific requirement or obligation for a franchisee, they retain the right to reinstate that requirement at any point. The franchisee will have a 10-day window after receiving written notice to comply with the previously waived obligation.
This clause provides B Bops with significant flexibility in managing its franchise system and addressing unforeseen circumstances. However, it also introduces an element of uncertainty for franchisees, as previously granted waivers are not permanent and can be withdrawn. Prospective franchisees should carefully consider this provision and its potential impact on their business operations. Franchisees should maintain open communication with B Bops to understand the reasons behind any waiver revocations and to ensure a smooth transition back to full compliance.