What must a person or entity do if they become an owner of a Bft franchise after the effective date?

According to the 2025 FDD, if an owner of a Bft franchise ceases to be an owner for any reason, they must comply with specific post-termination obligations. These obligations are the same as if the Franchise Agreement were terminated on the date the owner ceased to be an owner.

Specifically, the former owner is subject to restrictions on franchising activities and involvement with competing businesses. For two years after ceasing to be an owner, they cannot be involved with any business that competes with Bft by offering or granting licenses or franchises, or establishing joint ventures for a Competing Business, in any location where Bft has offered or sold franchises as of the termination date. They are also prohibited from owning, maintaining, or being involved with any other Competing Business at the Authorized Location or within a ten-mile radius of the Authorized Location or any other Bft Studio owned by the Franchisor, its affiliates, or any franchisee.

This means that anyone who was an owner of a Bft franchise is subject to a non-compete agreement for two years after they are no longer an owner. This could impact their future business opportunities and employment options. Prospective franchisees should carefully consider these restrictions and how they might affect their long-term plans before investing in a Bft franchise.