Does the Bft franchise agreement disclaim the representations made by the franchisor in the Franchise Disclosure Document furnished to the franchisee?
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 disclaim the representations made by Bft in the Franchise Disclosure Document (FDD) that Bft furnished to the franchisee. The franchise agreement, along with its referenced documents and exhibits, constitutes the entire agreement between the parties, superseding any prior agreements.
Specifically, the agreement states that there are no representations, inducements, promises, or agreements between the parties other than those outlined in the agreement itself. Amendments or changes to the agreement must be mutually agreed upon and executed in writing by authorized officers or agents.
However, the agreement explicitly clarifies that nothing within it or any related agreement is intended to disclaim the representations Bft made in the FDD provided to the franchisee. This ensures that the franchisee can rely on the information presented in the FDD as part of the overall understanding of the franchise relationship.