What is the Bft Developer obligated to do after signing the first Franchise Agreement?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Simultaneously with the execution of this Agreement, Developer (or its approved affiliate) must sign and deliver to Franchisor a Franchise Agreement and related documents representing the first Franchise that Developer is obligated to acquire under this Agreement. Developer (or its approved affiliate) must thereafter conduct its Soft Opening and operate a Studio according to the terms of that Franchise Agreement.
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, a Developer (or their approved affiliate) who signs a Franchise Agreement must then conduct a Soft Opening and operate a Bft studio according to the terms outlined in that Franchise Agreement. This obligation begins immediately after signing the initial Franchise Agreement associated with the multi-unit development deal.
This requirement ensures that Bft Developers are not just signing agreements for future development but are actively engaged in establishing and running a Bft studio from the outset. This immediate operational commitment likely serves as a practical test of the Developer's capabilities and dedication to the Bft brand and business model.
For a prospective Bft multi-unit franchisee, this means being prepared to launch and manage a fully operational studio immediately after the agreement is signed. This necessitates having the necessary resources, staff, and operational knowledge in place from the very beginning. It's a significant upfront commitment that distinguishes multi-unit development from simply acquiring the rights to future locations.