Does the Bft franchise agreement alter any existing agreements between the franchisor and franchisee for other locations?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement, the documents referred to herein, and the exhibits hereto, constitute the entire and only agreement between the Parties concerning the granting, awarding and licensing of Franchisee as an authorized BFT Studio franchisee at the Studio location, and supersede all prior and contemporaneous agreements. There are no representations, inducements, promises, agreements, arrangements or undertakings, oral or written, between the Parties other than those set forth herein. Except for those permitted to be made unilaterally by Franchisor hereunder, no amendment, change or variance from this Agreement shall be binding on either Party unless mutually agreed to by the Parties and executed by their authorized officers or agents in writing. This Agreement does not alter agreements between Franchisor and Franchisee for other locations. Nothing in this Agreement or in any related agreement, however, is intended to disclaim the representations Franchisor made in the FDD that Franchisor furnished to Franchisee.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, the franchise agreement does not alter existing agreements between Bft and the franchisee for other locations. The document specifies that the current agreement, along with referenced documents and exhibits, constitutes the entire agreement concerning the franchise being granted for the specific Bft studio location. It also states that it supersedes all prior agreements related to that specific location.
However, the Bft franchise agreement explicitly states that it does not change any existing agreements between Bft and the franchisee that pertain to other locations. This implies that if a franchisee has multiple Bft locations under separate agreements, the terms of those existing agreements will remain in effect and will not be altered by the new franchise agreement.
This clause provides clarity and protects the interests of both Bft and its franchisees, ensuring that previous commitments and obligations for other locations remain unchanged. Franchisees can be confident that their existing franchise agreements for other Bft studios will not be affected by the new agreement, while Bft maintains consistency in its relationships with franchisees who operate multiple locations.