In the Bft franchise agreement, what information is required if the franchisee is signing as an individual?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Applicable state law may require additional disclosures related to the information in this Disclosure Document. These additional disclosures appear in Exhibit H, entitled State Specific Addenda, to this Disclosure Document.
EXHIBIT H
STATE SPECIFIC ADDENDA
ADDITIONAL DISCLOSURES FOR THE FRANCHISE DISCLOSURE DOCUMENT OF BFT FRANCHISE SPV, LLC
The following are additional disclosures for the Franchise Disclosure Document of BFT FRANCHISE SPV, LLC required by various state franchise laws. Each provision of these additional disclosures will only apply to you if the applicable state franchise law applies to you.
FOR THE FOLLOWING STATES: CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA , OR WISCONSIN.
No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
Based on the 2025 Bft Franchise Disclosure Document, the excerpts provided do not specify the exact information required when a franchisee signs the franchise agreement as an individual. However, the document does provide general information and disclosures related to the franchise agreement.
Several exhibits and addenda are mentioned, such as Exhibit H (State Specific Addenda), which contains additional disclosures required by various state franchise laws. These disclosures may include specific requirements or considerations for individual franchisees depending on the state in which they are operating. Additionally, the document emphasizes the importance of carefully reading the disclosure document and all agreements.
To fully understand the information Bft requires when a franchisee is signing as an individual, a prospective franchisee should review the full franchise agreement and its exhibits, paying close attention to any state-specific addenda that may apply to their situation. It would also be prudent to directly ask the franchisor for clarification on any specific requirements or documentation needed when signing as an individual.