Under what article of the All Dogs Unleashed agreement are transfers permitted?
All_Dogs_Unleashed Franchise · 2025 FDDAnswer from 2025 FDD Document
I will comply with all of the provisions contained in Article 12 of the Franchise Agreement concerning the transfer of my ownership interest in the Franchisee.
Source: Item 23 — RECEIPTS (FDD pages 49–158)
What This Means (2025 FDD)
According to All Dogs Unleashed's 2025 Franchise Disclosure Document, Article 12 of the franchise agreement contains the provisions concerning the transfer of ownership interest in the Franchisee.
Specifically, Article 12 outlines the conditions under which All Dogs Unleashed will consider a transfer request from a franchisee. All Dogs Unleashed states that it will not unreasonably withhold consent to a transfer, but it may require certain conditions to be met. These conditions include the franchisee requesting consent in writing at least 30 days before the proposed transfer, providing a copy of the transfer agreements, and ensuring the terms of the sale do not negatively affect the Franchised Business's viability.
Additionally, the potential transferee must meet All Dogs Unleashed's standards for education, management, and business acumen. The transferee must also have a good moral character, business reputation, credit rating, and sufficient equity capital to operate the franchise. The franchisee must also be current on all financial and other obligations to All Dogs Unleashed, its affiliates, and third-party suppliers, and be in full compliance with all agreements. The premises must meet All Dogs Unleashed's image requirements, and both the franchisee and each owner must execute a general release of claims against All Dogs Unleashed. Finally, the franchisee or transferee must pay the applicable transfer fee and reimburse All Dogs Unleashed for all reasonable costs associated with the transfer.