What exhibit of the Bft Multi-Unit Agreement addresses the guarantee?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
hich they provide instruction.
Our primary initial training programs as of the date of this Disclosure Document are described below:
TRAINING PROGRAMS
| Obligation | Section in | |||
|---|---|---|---|---|
| Section in Franchise Agreement | Multi-Unit Agreement | Disclosure Document Item | ||
| Ter |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 37–50)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the guarantee related to the Multi-Unit Agreement is addressed in Exhibit B. The table in Item 11 outlines various obligations and their corresponding sections in both the Franchise Agreement and the Multi-Unit Agreement. Specifically, the guarantee is referenced under the Multi-Unit Agreement in Exhibit B.
For a prospective Bft multi-unit franchisee, this means that the specific terms and conditions of the guarantee, which likely involves a personal commitment to ensure the financial or operational performance of the franchise, are detailed in Exhibit B of the Multi-Unit Agreement. Understanding the guarantee is crucial, as it outlines the franchisee's responsibilities and potential liabilities.
It is important for potential Bft franchisees to carefully review Exhibit B to fully understand the scope and implications of the guarantee. This includes understanding what events would trigger the guarantee, the extent of personal liability, and any conditions or limitations on the guarantee. Consulting with a legal and financial advisor is recommended to fully assess the risks and obligations associated with the guarantee before signing the Multi-Unit Agreement.