In the context of the Bft rider, what is the defined term for the franchisor?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS RIDER (this "Rider") is made and entered into by and between | BFT FRANCHISE SPV, |
|---|---|
| LLC, a Delaware limited liability company with its principal business address at 17877 Von Karman Ave., | |
| Suite 100 Irvine, CA 92614 | |
| ("Franchisor"), and, | |
| whose principal business address is | ("Franchisee"). |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the term "Franchisor" is defined within the context of the rider. Specifically, the rider is made between BFT FRANCHISE SPV, LLC, a Delaware limited liability company located in Irvine, CA, and either a "Franchisee" or a "Developer," depending on the agreement type. In both cases, BFT FRANCHISE SPV, LLC is explicitly identified as the "Franchisor."
This definition is important because the rider modifies the original agreement, whether it's a Franchise Agreement or a Multi-Unit Agreement. The rider's terms take precedence over any conflicting terms in the original agreement. Therefore, understanding who the franchisor is, as defined in the rider, is crucial for interpreting the legal obligations and rights of both parties.
For a prospective Bft franchisee or developer, this means that BFT FRANCHISE SPV, LLC is the entity they are contracting with, and all legal notices or communications should be directed accordingly. It also clarifies that BFT FRANCHISE SPV, LLC is the entity responsible for fulfilling the franchisor's obligations as outlined in the franchise agreement and the rider.