Regarding the Bft FDD, what disclosure is deleted in its entirety from the Item 6 chart?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- The disclosure in the Item 6 chart, entitled Lost Revenue Damages, is deleted in its entirety.
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, for franchises governed by Minnesota law, the disclosure in the Item 6 chart entitled "Lost Revenue Damages" is deleted in its entirety. Item 6 of the FDD typically outlines the fees that a franchisee must pay.
This deletion means that the standard Item 6 disclosure regarding lost revenue damages does not apply to Bft franchisees in Minnesota. Lost revenue damages generally refer to the potential financial compensation a franchisor might seek from a franchisee for lost income resulting from a breach of the franchise agreement.
Prospective Bft franchisees in Minnesota should note that while this specific disclosure is removed, other aspects of Item 6 and the franchise agreement still apply. It is advisable to seek legal counsel to fully understand the implications of this deletion and how it affects their rights and obligations under Minnesota law.