Can 1 800 Packouts assign its right to purchase assets to another entity?

According to 1 800 Packouts's 2025 Franchise Disclosure Document, 1 800 Packouts has the right to assign its rights to purchase assets to another entity. Specifically, 1 800 Packouts may assign these rights to any Entity, which can include an affiliate.

This means that if the franchise agreement is terminated for any reason other than the franchisee's termination or if the agreement expires without renewal, 1 800 Packouts has the option to purchase the franchisee's assets. This includes inventory, supplies, operating assets, and other assets used in the operation of the franchised business. 1 800 Packouts has the right to designate which assets it wants to purchase and can exclude any assets it does not want.

Furthermore, 1 800 Packouts can transfer this right to purchase assets to another entity, such as an affiliated company. This entity would then have the same rights and obligations as 1 800 Packouts regarding the purchase of the franchisee's assets. This provides 1 800 Packouts with flexibility in managing its assets and business operations upon the termination or expiration of a franchise agreement.