Can Bft extend the six-month period for completing a transfer after the death or disability of a Bft franchisee?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor may, in its sole discretion, extend the six (6) month period of time for completing a transfer contemplated by this Section.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Bft has the discretion to extend the six-month period for completing a transfer of the franchise in the event of the death or disability of a franchisee. Specifically, if a franchisee dies or becomes disabled, their interest in the franchise agreement must be transferred to their heirs, trust, personal representative, or conservators within six months.
However, Bft retains the right to extend this six-month period at its sole discretion. This provides Bft with flexibility in managing the transfer process, potentially accommodating complex situations or delays in finding a qualified successor.
This clause benefits the franchisee and their family by allowing more time to manage the transfer, but it is ultimately at Bft's discretion. A prospective franchisee should inquire about the typical circumstances under which Bft grants such extensions and what factors are considered in the decision-making process.