Who is the Guarantee binding upon for a Bft franchise?

According to Bft's 2025 Franchise Disclosure Document, the Guarantee is binding upon each Guarantor and their respective estate, executors, administrators, heirs, beneficiaries, and successors in interest. This means that the obligations of the Guarantor extend not only to the Guarantor themselves but also to their legal representatives and inheritors.

In practical terms, this ensures that Bft can pursue the obligations outlined in the Guarantee even in the event of the Guarantor's death or incapacitation. The estate, executors, administrators, heirs, beneficiaries, and successors in interest become responsible for fulfilling the Guarantor's obligations. This provides Bft with a continued avenue for recourse should the franchisee fail to meet their financial or contractual obligations.

This clause is designed to protect Bft's interests by ensuring long-term enforceability of the Guarantee. Prospective franchisees should carefully consider the implications of having a Guarantor, as the Guarantor's responsibilities will extend beyond their lifetime and impact their estate and heirs. Franchisees should discuss this at length with any potential guarantors and their legal and financial advisors.