If a Bft Developer fails to meet the Development Schedule, can the agreement be terminated?

According to the 2025 Bft Franchise Disclosure Document, Bft can terminate the Multi-Unit Agreement with a Developer if the Developer fails to satisfy any requirement under the Development Schedule. In this case, Bft can terminate the agreement without providing an opportunity for the Developer to correct the failure.

This means that a Bft Developer must adhere strictly to the Development Schedule outlined in their agreement. Failure to meet the milestones and requirements within the specified timeframes can result in immediate termination of the agreement by Bft. The Development Schedule will specify the number of studios the developer is expected to open, and the timeline for opening those studios.

This policy underscores the importance of careful planning and resource allocation for prospective Bft developers. Before signing the Multi-Unit Agreement, developers should carefully assess their ability to meet the Development Schedule, considering factors such as site selection, financing, and operational capabilities. Failing to do so could lead to the loss of development rights and any fees paid to Bft.