Does the obligation to remodel a Better Blend location depend on any conditions?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
- 7.13 Remodeling. In addition to Franchisee's obligations to comply with all System Standards in effect from time to time, BBF may require Franchisee to undertake and complete a Remodel of the Location to BBF's satisfaction.
Franchisee must complete the Remodel in the time frame specified by BBF.
BBF may require Franchisee to submit plans for BBF's reasonable approval prior to commencing a required Remodel, and BBF may require Franchisee to engage a qualified licensed contractor to perform the Remodel.
BBF'sright to require a Remodel is limited as follows: (i) the Remodel will not be required in the first two or last two years of the term (except that a Remodel may be required as a condition to renewal of the term or a Transfer), and (ii) a Remodel will not be required more than once every five years from the date on which Franchisee was required to complete the prior Remodel.
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, franchisees may be required to remodel their locations, but this obligation is subject to certain conditions. Better Blend has the right to mandate a remodel to meet their standards, and the franchisee must complete it within the timeframe Better Blend specifies. Better Blend may also require franchisees to submit plans for approval and to hire a qualified, licensed contractor for the remodel.
However, Better Blend's ability to require a remodel is limited. A remodel will not be required during the first two or last two years of the franchise term. An exception exists if a remodel is required as a condition for renewal or transfer of the franchise. Additionally, Better Blend will not require a remodel more than once every five years, calculated from the completion date of the previous remodel.
These stipulations provide some predictability for franchisees regarding remodel expenses. Franchisees can anticipate that they will likely need to remodel at least once during their term, but they also have assurance that they won't be forced to remodel too early or too frequently, or near the end of their franchise term, unless it's tied to a renewal or transfer. This allows for better financial planning and helps avoid potentially burdensome costs at inopportune times.