When does the Bft Franchise Agreement become effective?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Agreement (this "Agreement") is made effective as of the Effective Date by and between BFT FRANCHISE SPV, LLC, a Delaware limited liability company with its principal business address at 17877 Von Karman Ave., Suite 100 Irvine, CA 92614 ("Franchisor"), and the person or entity identified as the "Franchisee" in the signature blocks below ("Franchisee," and together with Franchisor, the "Parties"). The Effective Date is the date Franchisor signs this Agreement as shown beneath its signature hereto.
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, the Franchise Agreement becomes effective on the Effective Date. The Effective Date is the date that Bft signs the agreement, as indicated beneath its signature.
This means that the Bft franchise agreement is not effective immediately upon the franchisee's signature. Instead, it only becomes legally binding once an authorized representative of Bft has signed the document. This is a fairly standard practice in franchising, as the franchisor needs to formally approve the agreement before it takes effect.
For a prospective Bft franchisee, it is important to confirm that the franchise agreement has been fully executed by Bft to ensure that the franchise rights and obligations are in force. The franchisee should also retain a fully signed copy of the agreement for their records.