Before executing the lease for the Authorized Location, what must a Bft franchisee do with the lease?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee must submit the lease for the Studio to Franchisor for its written acceptance before Franchisee executes the lease for the Authorized Location.
Franchisor will not withhold its acceptance of the lease arbitrarily; however, any lease must be subject to the applicable Lease Addendum or incorporate similar terms.
Franchisor's acceptance of the lease for the Studio will be for Franchisor's own purposes, and Franchisor's makes no representation or warranty as to the quality or suitability of the lease or its terms for Franchisee's purposes.
Franchisee acknowledges that it has been advised to have any lease reviewed by Franchisee's own legal counsel.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, before a franchisee executes a lease for their authorized location, they must submit the lease to Bft for its written acceptance. Bft states that it will not arbitrarily withhold acceptance of the lease. However, the lease must be subject to the applicable Lease Addendum or incorporate similar terms.
Bft's acceptance of the lease is solely for its own purposes, and Bft makes no representation or warranty regarding the quality or suitability of the lease or its terms for the franchisee's specific needs. The FDD advises franchisees to have any lease reviewed by their own legal counsel.
This requirement ensures that the location and lease terms align with Bft's standards and protect its brand. However, it's crucial for the franchisee to conduct their own due diligence and seek independent legal advice to ensure the lease terms are favorable and suitable for their business objectives.