Where in the Bft Franchise Agreement can I find information about site selection and acquisition/lease obligations?

According to Bft's 2025 Franchise Disclosure Document, information regarding site selection and acquisition/lease obligations can be found in several sections of the Franchise Agreement. Specifically, Item 9 outlines franchisee obligations and refers to Sections 1.2, 2.2.C, 7.1, 7.2, 15.1.A(10)-(11), and Exhibit 4 of the Franchise Agreement for details on site selection and acquisition/lease obligations.

In practical terms, this means that a prospective Bft franchisee should carefully review these sections to understand their responsibilities in choosing a location and securing the necessary property rights. These sections likely cover topics such as the site approval process, criteria for acceptable locations, and the terms that must be included in the lease agreement. Exhibit 4 likely contains specific requirements or templates related to leasing.

It is important for potential franchisees to understand that Bft may provide site selection guidelines and assistance, but the ultimate responsibility for finding and securing an appropriate location falls on the franchisee. Furthermore, Bft retains the right to approve or disapprove any proposed site and may condition its approval on certain factors, such as the lease terms and the franchisee's right to operate the studio at the location.

Therefore, a prospective Bft franchisee should thoroughly review the referenced sections of the Franchise Agreement and seek clarification from Bft on any unclear points before making any commitments related to site selection or leasing. Understanding these obligations is crucial for the success of the franchise and avoiding potential disputes with Bft.