Must the franchisee be in full compliance with the Amorino Franchise Agreement before a transfer can be approved?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- (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.
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 the franchise agreement before a transfer can be approved. Specifically, the franchisee must be in full compliance with the current agreement and any other agreements between the franchisee and Amorino, its affiliates, and the franchisee's suppliers.
In addition to being in full compliance, the franchisee must ensure that 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 copy of the "Amorino Transfer Disclosure Form," along with a copy of the proposed transfer agreements and lease agreement, to Amorino at least 30 days before the proposed transfer.
Amorino will then 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 and that the new franchisee is set up for success, while also protecting Amorino's interests and brand standards.