factual

Who is ultimately responsible for locating sites for Bft Studios within the Development Area?

Bft Franchise · 2025 FDD

Answer from 2025 FDD Document

D. Locating Sites for Studios. Despite any assistance Franchisor may provide, Developer is entirely responsible to locate and present to Franchisor proposed sites for Studios in the Development Area as necessary to comply with the Development Schedule (each a "Site"). Developer agrees to give Franchisor all information and materials it requests to assess each proposed Site as well as Developer's and its proposed affiliate's financial and operational ability to develop and operate a Studio at the proposed Site. Franchisor has the absolute right to reject any site or any affiliate (a) that does not meet Franchisor's criteria or (b) if Developer or its affiliates are not then in compliance with any existing Franchise Agreements executed pursuant to this Agreement or operating its or their Studios in compliance with the mandatory specifications, standards, operating procedures and rules that Franchisor periodically prescribes for operating Studios. Franchisor agrees to use its reasonable efforts to review and evaluate the proposed Sites within 30 days after it receives all requested information and materials. If Franchisor accepts a proposed Site, Developer (or its approved affiliate) must timely sign a separate Franchise Agreement for the Site as described in Section 2.E below.

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, the developer is entirely responsible for locating and presenting proposed sites for Bft studios within the designated development area. This responsibility is crucial for complying with the development schedule outlined in the agreement. While Bft may offer assistance, the ultimate burden of finding suitable locations rests on the developer.

The developer must provide Bft with all necessary information and materials to assess each proposed site. This includes details about the site itself, as well as the developer's (or their affiliate's) financial and operational capabilities to successfully run a Bft studio at that location. Bft retains the right to reject any site or affiliate that doesn't meet their criteria or if the developer isn't compliant with existing franchise agreements.

Bft agrees to review and evaluate proposed sites within 30 days of receiving all the required information. If Bft approves a site, the developer (or their approved affiliate) must then sign a separate Franchise Agreement for that specific location. This process ensures that all locations meet Bft's standards and that the developer is prepared to operate the studio according to Bft's guidelines.

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.