Must a franchisee be in full compliance with all agreements with Amorino before transferring their Amorino franchise?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
s Affiliates, and all other outstanding obligations related to the Store shall be up to date, fully paid and satisfied.
- (2) You must be in full compliance with this Agreement and any other agreements between you and Amorino, its Affiliates and your suppliers.
- (3) You shall have requested consent in writing and delivered to Amorino a completed copy of "Amorino Transfer Disclosure Form", as well as a copy of the proposed transfer agreements, including sale terms, and your lease agreement, at least 30 days prior to the proposed transfer, and Amorino has determined, in its sole and reasonable discretion, that the terms of the sale will not materially and adversely affect the post transfer viability of the Franchised Business.
- (4) The transferee must demonstrate to our satisfaction that the transferee meets our educational, managerial and business standards;
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, a franchisee must be in full compliance with all agreements with Amorino before transferring their franchise. Specifically, the franchisee must be in full compliance with the franchise agreement and any other agreements between them, Amorino, its affiliates, and their suppliers.
In addition to being in full compliance, the franchisee must ensure all accrued monetary obligations to Amorino and its affiliates, as well as any other outstanding obligations related to the store, are up to date, fully paid, and satisfied. The franchisee must also request consent in writing and deliver a completed "Amorino Transfer Disclosure Form," a copy of the proposed transfer agreements (including sale terms), and the lease agreement to Amorino at least 30 days before the proposed transfer.
Amorino retains the right to determine, in its sole and reasonable discretion, whether the terms of the sale will materially and adversely affect the post-transfer viability of the franchised business. These stipulations ensure that the transfer process is orderly, that Amorino's financial interests are protected, and that the new franchisee is set up for success.