What is the purpose of Section 2.C in the Bft Multi-Unit Agreement?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Multi-Unit Agreement | Summary | |
|---|---|---|---|
| b. | Renewal or extension of the term | Section 2.C | If you fail to comply with your Development Schedule, you will be afforded a one-time reasonable extension of time not to exceed 90 days to comply with the Development Schedule. |
| c. | Requirements for developer to renew or extend | Section 2.C | You must have already signed a lease for the applicable premises and you request such extension at least 30 days prior to development deadline |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, Section 2.C of the Multi-Unit Agreement pertains to the renewal or extension of the agreement's term. Specifically, it outlines the conditions under which a developer can obtain a one-time extension to comply with the Development Schedule. This extension is limited to a maximum of 90 days.
For a Bft franchisee, this means that if they are struggling to meet the deadlines outlined in their Development Schedule, they may be granted a short extension to catch up. However, this is not an automatic right.
To be eligible for this extension, the franchisee must have already secured a lease for the relevant premises and must formally request the extension at least 30 days before the original development deadline. This provision provides a limited safety net for franchisees facing delays, but it also emphasizes the importance of proactive planning and timely execution of development milestones.