What franchise agreement must a transferee of a 1 800 Packouts franchise execute?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS GENERAL RELEASE ("Release") is executed on |
|---|
| by |
| ("Franchisee"), |
| ("Guarantors"), |
| ("Transferee") as a condition of (1) |
| the transfer of the Franchise Agreement |
| dated [month] [day], [year] |
| between 1-800-Packouts Holdco, LLC ("Franchisor") and Franchisee ("Franchise Agreement"); or |
| (2) |
| the execution of a successor Franchise Agreement by Franchisee and Franchisor. (If this Release is |
| executed under the conditions set forth in (2) above, all references in this Release to "Transferee" should |
| be ignored.) |
| This Release does not apply to claims arising under the Washington Franchise Investment |
| Protection Act, chapter 19.100 RCW, or the rules adopted thereunder. |
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to the 2025 1 800 Packouts Franchise Disclosure Document, a General Release must be executed as a condition of the transfer of the Franchise Agreement. This release is between the franchisee, any guarantors, and the transferee. The original Franchise Agreement has a date field for [month] [day], [year].
The General Release is required whether the transfer involves the existing Franchise Agreement or the execution of a successor Franchise Agreement between the franchisee and 1 800 Packouts. However, if the release is executed under the conditions of a successor Franchise Agreement, all references to "Transferee" should be ignored.
It's important to note that this General Release does not apply to claims arising under the Washington Franchise Investment Protection Act, chapter 19.100 RCW, or the rules adopted thereunder. This means that the transferee's rights under Washington franchise law are preserved, regardless of the General Release.