Can the Bft franchisor waive the Lease Execution Deadline in writing?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
- 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
Source: Item 23 — RECEIPTS (FDD pages 79–265)
What This Means (2025 FDD)
According to the 2025 Bft Franchise Disclosure Document, a 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. This is referred to as the "Lease Execution Deadline." The franchisee must also, with Bft'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 months after the execution of the Franchise Agreement, which is referred to as the "Opening Deadline".
While the FDD excerpt specifies that the franchisee must obtain Bft's written approval to open the studio's doors to the general public no later than fifteen months after the execution of the agreement, it does not explicitly state whether Bft can waive the Lease Execution Deadline of six months in writing.
Therefore, it is important for a prospective franchisee to directly ask Bft whether it is possible to obtain a written waiver of the Lease Execution Deadline under certain circumstances. Understanding Bft's flexibility on this deadline is crucial for franchisees as they plan their studio launch.