What is the definition of 'Franchisor' in the Bft rider?
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 "Franchisor" in the context of the rider is defined as BFT FRANCHISE SPV, LLC, a Delaware limited liability company with its principal business address at 17877 Von Karman Ave., Suite 100 Irvine, CA 92614. This definition appears in multiple state-specific riders included in the FDD, such as those for North Dakota, Maryland and New York, as well as in the general rider.
This definition is important because it clearly identifies the legal entity that is granting the franchise and is party to the franchise agreement. Franchisees need to know exactly who they are contracting with, as this entity is responsible for providing support, enforcing the franchise agreement, and receiving fees and royalties. The address provided is also important for official communication and legal purposes.
The rider serves to modify or add to the terms of the main franchise agreement, and in these riders, BFT FRANCHISE SPV, LLC is consistently identified as the Franchisor. This consistency helps to avoid any ambiguity about the identity of the franchisor, especially in situations where state-specific regulations require modifications to the standard franchise agreement.
Prospective franchisees should take note of this definition and ensure that all their dealings are with the specified legal entity. It is also advisable to verify the current standing and registration of BFT FRANCHISE SPV, LLC as a legal entity in Delaware to further ensure the legitimacy and stability of the franchise arrangement.