What constitutes the entire agreement between the parties regarding the Bft franchise?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement, the documents referred to herein, and the exhibits hereto, constitute the entire and only agreement between the Parties concerning the granting, awarding and licensing of Franchisee as an authorized BFT Studio franchisee at the Studio location, and supersede all prior and contemporaneous agreements. There are no representations, inducements, promises, agreements, arrangements or undertakings, oral or written, between the Parties other than those set forth herein. Except for those permitted to be made unilaterally by Franchisor hereunder, no amendment, change or variance from this Agreement shall be binding on either Party unless mutually agreed to by the Parties and executed by their authorized officers or agents in writing. This Agreement does not alter agreements between Franchisor and Franchisee for other locations. Nothing in this Agreement or in any related agreement, however, is intended to disclaim the representations Franchisor made in the FDD that Franchisor furnished to Franchisee. This Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Faxed, scanned or electronic signatures shall have the same effect and validity, and may be relied upon in the same manner, as original signatures.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, the franchise agreement, along with any documents and exhibits referred to within it, represents the complete and exclusive understanding between Bft and the franchisee. This agreement governs the granting, awarding, and licensing of the franchisee as an authorized Bft studio operator at their specific location. It effectively supersedes any previous agreements or discussions, whether they were oral or written.
Bft emphasizes that there are no other representations, inducements, promises, or understandings between the parties outside of what is explicitly stated in the franchise agreement. Any modifications or changes to the agreement must be mutually agreed upon in writing and executed by authorized officers or agents from both sides, except for actions Bft is permitted to make unilaterally under the agreement. The agreement specifically does not alter any existing agreements between Bft and the franchisee for other locations they may operate.
However, the Bft franchise agreement clarifies that nothing within it is intended to disclaim any representations made by Bft in the Franchise Disclosure Document (FDD) that was provided to the franchisee. This ensures that the franchisee can rely on the information presented in the FDD during their decision-making process. The agreement also allows for execution in multiple counterparts, each considered an original, and recognizes the validity of faxed, scanned, or electronic signatures, treating them as equivalent to original signatures.