What two qualities must an assignee possess for All Team to assign its contract to them?

According to All Team's 2025 Franchise Disclosure Document, the assignee must be willing and financially able to assume All Team's obligations under the Franchise Agreement. This means that All Team will only assign its contract to someone who demonstrates a genuine commitment to fulfilling the terms of the agreement and has the financial capacity to do so.

For a prospective franchisee, this clause provides some assurance that All Team will not arbitrarily assign its contractual obligations to an unqualified party. This protects the franchisee from potentially dealing with an assignee that is unable or unwilling to uphold All Team's responsibilities, which could negatively impact the franchise system.

It's important to note that the determination of whether an assignee is willing and financially able is based on All Team's good faith and judgment. While this provides All Team with some discretion, it also implies a responsibility to act reasonably and fairly in assessing potential assignees. A prospective franchisee might want to inquire about the specific criteria All Team uses to evaluate an assignee's willingness and financial capability to ensure a clear understanding of the assignment process.