Is completion of the initial training required for the Designated Manager of the transferee of an Aplus franchise?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
---------------------------------------------------| | | other agreement | | | | | have provided us a complete copy of all | | | | contracts, agreements, and related documents | | | | concerning the sale of the APLUS Store from | | | | you | | | | to transferee; (vii) your or transferee has | | | | paid us the applicable Transfer Fee; (viii) | | | | transferee has obtained all necessary consents | | | | and approvals from third parties to operate | | | | the APLUS Store; (ix) the transferee | | | | Designated Manager completes our required | | | | initial training; (x) transferee provides proof | | | | of U.S. citizenship or permanent legal | | | | residency status;
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 53–64)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, a transferee's Designated Manager must complete the required initial training as a condition for the transfer to be approved. Specifically, the franchisor must ensure that the transferee's designated manager completes the initial training. This requirement is in place to ensure that the new management is properly equipped to operate the Aplus store according to the franchisor's standards.
This condition is listed among other requirements such as providing a complete copy of all contracts related to the sale, payment of the transfer fee, obtaining necessary third-party consents, providing proof of U.S. citizenship or permanent residency, and completing the franchisor's financial application. Meeting all these conditions is necessary for Aplus to approve the transfer of the franchise.
In the event of death, disability, or incapacity of the franchisee, the appointed representative must transfer ownership to a successor approved by Aplus. This successor must also complete the initial training program to Aplus's satisfaction before assuming the Franchise Agreement. During the transfer period, the Designated Manager is required to manage the Aplus store.