factual

Is there any mention of a renewal fee for Bft in this section?

Bft Franchise · 2025 FDD

Answer from 2025 FDD Document

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

EXHIBIT L-1

FRANCHISE AGREEMENT SOURCING FEE ADDENDUM

EXHIBIT L-1 FRANCHISE AGREEMENT SOURCING FEE ADDENDUM (BFT)

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

Title: __________________________________ Date: __________________________________

EXHIBIT L-2

MULTI-UNIT AGREEMENT SOURCING FEE ADDENDUM

EXHIBIT L-2 MULTI-UNIT AGREEMENT SOURCING FEE ADDENDUM (BFT)

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

and between BFT FRANCHISE SPV, LLC, a Delaware limited liability company with its principal business
address at 17877 Von Karman Ave., Suite 100 Irvine, CA 92614 ("Franchisor"), and
, whose principal business address is
("Developer").
1. , 20 this Sourcing Fee Unit Agreement. Background. Developer and Franchisor are parties to that certain Multi-Unit Agreement dated (the "Multi-Unit Agreement") that has been signed concurrently with the signing of Addendum. This Sourcing Fee Addendum supersedes any inconsistent or conflicting provisions of the Multi-Unit Agreement. Terms not otherwise defined in this Sourcing Fee Addendum have the meanings as defined in the Multi-Unit Agreement. This Sourcing Fee Addendum is annexed to and forms part of the Multi
2. Sourcing Fee. Developer (and/or its affiliate(s)) currently operates an existing BFT Studio, and
in connection with the grant of the Development Rights under the Multi-Unit Agreement, a commission is owed
to a third-party franchise broker based on a previously-made introduction to Franchisor or its affiliates.
Accordingly, Developer agrees to pay, on its execution of the Multi-Unit Agreement, a non-refundable sourcing
fee in the amount as follows (check as applicable):
If Developer is acquiring Development Rights a Multi-Unit Agreement for the right to open two (2)
additional BFT Studios, then the sourcing fee will be $40,000 (which is due in addition to the
Development Fee).
If Developer is acquiring Development Rights a Multi-Unit Agreement for the right to open three (3)
additional BFT Studios, then the sourcing fee will be $50,000 (which is due in addition to the
Development Fee).
If Developer is acquiring Development Rights a Multi-Unit Agreement for the right to open six (6)
additional BFT Studios, then the sourcing fee will be $84,000 (which is due in addition to the
Development Fee).
If Developer is acquiring Development Rights a Multi-Unit Agreement for the right to open ten (10)
additional BFT Studios, then the sourcing fee will be $120,000 (which is due in addition to the
Development Fee).
[Signature Page to Follow]

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

THIS RIDER is made and entered into by and between BFT FRANCHISE SPV, LLC, a
Delaware limited liability company with its principal business address at 17877 Von Karman Ave., Suite
100 Irvine, CA 92614 ("Franchisor"), and, whose
principal business address is
("Developer").
1. dated
Background. Franchisor and Developer are parties to that certain Multi-Unit Agreement
, 20 (the "Multi-Unit Agreement") that has been signed concurrently
with the signing of this Rider. This Rider is annexed to and forms part of the Multi-Unit Agreement. This
Rider is being signed because (a) the offer is directed into the State of Washington and is received where it
is directed; or
(b) Developer is a resident of the State of Washington; or
(c) the Studios that Developer
develops under the
Multi-Unit Agreement
are or will be located or operated, wholly or partly, in the State
of Washington.
2.
Surety Bond. A surety bond in the amount of $100,000 has been obtained by Franchisor. The
Washington Securities Division has made the issuance of Franchisor's permit contingent upon Franchisor
maintaining surety bond coverage acceptable to the Administrator until (a) all Washington franchisees have
(i) received all pre-opening obligations that they are entitled to under the franchise agreement or offering
circular, and (ii) are open for business; or (b) the Administrator issues written authorization to the contrary.
3.
Enforcement of Covenants. Subparts (a) and (b) of Section 6.B of the Multi-Unit Agreement
will not apply to the post-termination restrictions in Section 6.A.
4. it is
Cross Default. Section 8.B of the Multi-Unit Agreement
will not apply to the extent
inconsistent with RCW 19.100.180.
5.
Other Proceedings (Right to Injunctive Relief). The last sentence of Section 12.E of the
Multi-Unit Agreement
is deleted in its entirety.
6.
Limitation of Claims. Section 12.K of the Multi-Unit Agreement is hereby deleted in its
entirety and replaced with "intentionally deleted".
7.
No Recourse Against Nonparty Affiliates. Nothing in Section 13.E of the Multi-Unit
Agreement
will release XPOF Assetco, LLC from any liability arising under that certain Guaranty of
Performance by XPOF Assetco, LLC dated March
14, 2025.
8.
Washington Law.
The following paragraphs are added to the end of the Multi-Unit
Agreement:
In the event of a conflict of laws, the provisions of the Washington Franchise Investment
Protection Act, Chapter 19.100 RCW will prevail.
RCW 19.100.180 may supersede the franchise agreement in your relationship with the
franchisor including the areas of termination and renewal of your franchise. There may also
be court decisions which may supersede the franchise agreement in your relationship with
the franchisor including the areas of termination and renewal of your franchise.

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

See Exhibit B for BFT Franchise SPV, LLC's registered agents authorized to receive service of process.

I have received a disclosure document dated March 14, 2025, that included the following Exhibits:

Exhibit A Form of Franchise Agreement and Exhibits Exhibit H State Specific Addenda Exhibit B List of State Agents for Service of Process and State Administrators Exhibit I List of Franchisees Exhibit C Financial Statements Exhibit J List of Franchisees That Left System Exhibit D Guaranty of Performance Exhibit K Form of Multi-Unit Agreement Exhibit E Statement of Prospective Franchisee Exhibit L-1 Form of Sourcing Fee Addendum (Franchise Agreement) Exhibit F Table of Contents of Manual Exhibit L-2 Form of Sourcing Fee Addendum (Multi-Unit Agreement) Exhibit G Form of General Release Exhibit M Receipts Please sign this copy of the receipt, print the date on which you received this disclosure document, and return it, by mail or email to BFT Franchise SPV, LLC, 17877 Von Karman Avenue, Suite 100, Irvine, California 92614. Email: salesinfo@xponential.com.

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

located in the State of Illinois.

Section 41 of the Illinois Franchise Disclosure Act provides that any condition, stipulation or provision purporting to bind any person acquiring any franchise to waive compliance with the Illinois Franchise Disclosure Act or any other law of Illinois is void.

Developer's rights upon termination and non-renewal of a multi-unit agreement are subject to sections 19 and 20 of the Illinois Franchise Disclosure Act.

[SIGNATURE PAGE TO FOLLOW]

IN WITNESS WHEREOF, the parties have executed and delivered this Rider to be effective as of the effective date of the Multi-Unit Agreement.

BFT FRANCHISE SPV, LLC, a Delaware limited liability company [NAME OF DEVELOPER] Capacity:

RIDER TO THE BFT FRANCHISE SPV, LLC MULTI-UNIT AGREEMENT FOR USE IN MARYLAND

[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]

THIS RIDER (this "Rider") is made and entered into by and between BFT FRANCHISE SPV,
LLC, a Delaware limited liability company with its principal business address at 17877 Von Karman Ave.,
Suite 100 Irvine, CA 92614 ("Franchisee").
("Franchisor"), and,
whose principal business address is
1. are parties to that certain Franchise Agreement dated
Background. Franchisor
and Franchisee
, 20 (the "Franchise Agreement") that has been signed concurrently
with the signing of this Rider. This Rider supersedes any inconsistent or conflicting provisions of the
Franchise Agreement. Terms not otherwise defined in this Rider have the meanings as defined in the
Franchise Agreement.
This Rider is annexed to and forms part of the Franchise Agreement. This Rider is
being signed because (a) Franchisee is a resident of the State of Maryland; or (b) the Studio that Franchisee
operates (c) the offer to
under its Franchise Agreement is or will be operated in the State of Maryland; or
sell the franchise was (d) the offer to buy the franchise was
made in the State of Maryland; or accepted in
the State of Maryland.
2. and 14.2
Releases. The following is added to the end of Sections 3.2.C (Successor Franchise)
(Conditions for Approval of Transfer)
of the Franchise Agreement:
Pursuant to COMAR 02.02.08.16L, any release required as a condition of renewal and/or
assignment/transfer will not apply to claims arising under the Maryland Franchise
Registration and Disclosure Law.
3. 15.1.A(2) and (3) (Termination of
Insolvency. The following is added to the end of Sections
Franchise by Franchisor)
of the Franchise Agreement:
This Section
might not be enforceable under federal bankruptcy law (11 U.S.C. Sections
101 et seq.).
4.
Governing Law; Consent to Jurisdiction. The following is added to the end of Sections 16.1
(Governing Law)
and 16.6 (Consent to Jurisdiction)
of the Franchise Agreement:
; provided, however, Franchisee
may bring a lawsuit in Maryland for claims arising under
the Maryland Fran

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, Item 17 regarding renewal, termination, transfer, and dispute resolution for Bft does not explicitly mention a renewal fee. The documents provided consist of addenda and exhibits related to sourcing fees, multi-unit agreements, state-specific agreements, and service processes. These documents outline specific fees related to development rights for multi-unit agreements, such as sourcing fees ranging from $40,000 to $120,000 depending on the number of additional Bft studios a developer is acquiring the rights to open. However, none of the provided excerpts from Item 17 detail any fees associated with the renewal of a franchise agreement.

Given the absence of specific information about renewal fees in the provided excerpts, it is important for a prospective Bft franchisee to directly inquire with the franchisor about the renewal terms and any associated fees. This information is crucial for understanding the long-term financial commitments involved in owning and operating a Bft franchise. Understanding the renewal process and costs is essential for making an informed decision about investing in a Bft franchise.

To gain a comprehensive understanding of the renewal process, prospective franchisees should ask Bft for detailed information on the conditions for renewal, the length of the renewal term, and any changes to the franchise agreement that may occur upon renewal. Furthermore, they should clarify whether the renewal fee is a fixed amount or if it is subject to change based on factors such as revenue or market conditions. This due diligence will help potential franchisees accurately assess the financial implications of renewing their franchise agreement with Bft.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
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