What action must a 360 Painting franchisee take regarding assumed names containing '360 Painting' after termination?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
- (x) promptly take such action as may be necessary to cancel or assign to Franchisor, at Franchisor's option, any assumed name or equivalent registration filed with state, city or county authorities which contains the name "360 Painting" or any of the Marks, and Franchisee shall furnish Franchisor with evidence satisfactory to Franchisor of compliance with this obligation within thirty (30) days after termination or expiration of this Agreement;
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to the 2025 FDD, after the termination or expiration of the franchise agreement, a 360 Painting franchisee must promptly take necessary actions to cancel or assign any assumed name registrations containing "360 Painting" to the franchisor. This includes assumed names filed with state, city, or county authorities.
The franchisee is required to provide 360 Painting with evidence of compliance with this obligation within thirty (30) days after the termination or expiration of the agreement. This ensures that the franchisee ceases to operate under any name that could create the impression that they are still connected with 360 Painting or have the right to use their system or marks.
This requirement is typical in franchising to protect the brand's integrity and prevent confusion among customers. By ensuring that former franchisees relinquish any assumed names containing the brand name, 360 Painting maintains control over its brand identity and prevents unauthorized use of its trademarks. Prospective franchisees should be aware of this obligation, as failure to comply could result in legal action from the franchisor.