What are the Bft franchisee's obligations regarding opening, as detailed in the Franchise Agreement?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Once it acknowledges its acceptance of the Authorized Location and Designated Territory, Franchisee must thereafter obtain lawful possession of the Authorized Location by lease, purchase or other method and open its Studio in accordance with the conditions and deadlines set forth in this Agreement.
- D. Subject to Applicable Laws (defined below), Franchisee must execute a written premises lease agreement accepted by Franchisor for the Authorized Location no later than six (6) months after the execution of this Agreement (the "Lease Execution Deadline"), and Franchisee must, with Franchisor's written approval, open the Studio's doors to the general public for participation in regular classes in the physical premises of the Studio (the "Soft Opening") no later than fifteen (15) months after the execution of this Agreement (the "Opening Deadline"); and
- E. Franchisee agrees at all times to comply with the Learning Management System (as defined in Section 6.3 below), and all required standards, operating systems, and other aspects of the System prescribed by Franchisor (the "System Standards"), each of which is subject to change at Franchisor's discretion.
1.1 Grant. Franchisee agrees to, at all times, faithfully, honestly, ethically, and diligently perform its obligations under this Agreement and to use its best efforts to promote its BFT Studio (the "Studio") as described herein. Accordingly, Franchisor grants to Franchisee the non-exclusive right and license to establish and operate a single Studio, offering only the Approved Services and Approved Products and utilizing only the System and the Marks, at the location identified on Exhibit 1 or as determined in accordance with Section 1.2 below (the "Authorized Location"), in accordance with the provisions and for the Term (defined below) specified in this Agreement:
Franchisee agrees not to conduct the business of its Studio at any location other than the Authorized Location and to use the Authorized Location only for the operation of its Studio. Franchisee also agrees that, once its Studio opens for business, it will continuously operate the Studio in accordance with this Agreement for the duration of the Term.
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 36–37)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, franchisees have specific obligations regarding the opening of their studio. After Bft acknowledges acceptance of the authorized location and designated territory, the franchisee must obtain lawful possession of the authorized location through lease, purchase, or other method. Following this, the franchisee is obligated to open their Bft studio in accordance with the conditions and deadlines outlined in the Franchise Agreement.
Specifically, the franchisee must execute a written premises lease agreement accepted by Bft for the authorized location no later than six months after the execution of the Franchise Agreement. Furthermore, the franchisee must open the studio's doors to the general public for regular classes, referred to as the "Soft Opening", with Bft's written approval, no later than fifteen months after the execution of the Franchise Agreement.
In addition to these deadlines, the franchisee must adhere to Bft's Learning Management System, System Standards, and operating systems, all of which are subject to change at Bft's discretion. Franchisees are expected to faithfully, honestly, ethically, and diligently perform their obligations under the Franchise Agreement and use their best efforts to promote their Bft studio. Franchisees must continuously operate the studio in accordance with the Franchise Agreement for the duration of the agreement's term.