On what date does the Bft franchise agreement become effective?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Agreement (this "Agreement") is made effective as of the Effective Date 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 the person or entity identified as the "Franchisee" in the signature blocks below ("Franchisee," and together with Franchisor, the "Parties"). The Effective Date is the date Franchisor signs this Agreement as shown beneath its signature hereto.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the franchise agreement becomes effective as of the Effective Date. The Effective Date is defined as the date that Bft signs the agreement, which is shown beneath its signature.
This means that the start of the franchise term, as well as certain obligations for both the franchisee and Bft, are triggered by this date. For example, the franchisee has 90 days from the Effective Date to secure Bft's acceptance of the proposed location for the studio.
It is important for prospective franchisees to understand that the Effective Date marks a significant milestone, initiating the contractual relationship and setting the timeline for key activities such as site selection and studio opening. Franchisees should pay close attention to this date and ensure they understand all associated deadlines and obligations.