Is there an exception to the remodeling timeline for Better Blend franchisees?
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 to meet the franchisor's standards. Better Blend specifies the timeframe for completing these remodels. However, there are limitations to when Better Blend can mandate a remodel.
Specifically, Better Blend will not require a remodel during the first two or the last two years of the franchise term. An exception exists if a remodel is required as a condition for renewing the franchise term or when transferring ownership. Furthermore, Better Blend will not require remodels more frequently than once every five years, calculated from the completion date of the previous remodel.
Prospective Better Blend franchisees should consider these remodeling requirements and their associated costs when evaluating the franchise opportunity. Understanding the timing and frequency of required remodels is crucial for long-term financial planning and maintaining the brand's standards.