Can the deadline to develop and open a Better Blend franchise be extended?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
If we and you cannot agree on a site, you will be unable to comply with your obligation to develop and open the franchise by the deadline stated in the franchise agreement.
Unless we agree to extend the deadline, you will be in default and we may terminate your franchise agreement.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 21–27)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the deadline to develop and open a franchise can be extended under certain circumstances. Specifically, if Better Blend and the franchisee cannot agree on a site location, the franchisee may be unable to meet the opening deadline specified in the franchise agreement.
In this situation, Better Blend may agree to extend the deadline. However, if Better Blend does not agree to an extension, the franchisee will be in default of the franchise agreement, and Better Blend may terminate the agreement.
This indicates that while an extension is possible, it is not guaranteed and depends on Better Blend's discretion. Prospective franchisees should carefully consider the site selection process and potential delays, and they should discuss the possibility of deadline extensions with Better Blend during their due diligence.