Who may B Bops direct to execute the required documents for a transfer?

According to B Bops's 2025 Franchise Disclosure Document, when a franchisee transfers their franchise, B Bops has the right to specify who must execute the necessary documents. This includes the transferee and any partners or shareholders of the transferee that B Bops directs. These individuals are required to jointly and severally execute either a written assignment and assumption agreement or the standard franchise agreement then in use.

This requirement ensures that B Bops maintains control over who becomes a franchisee and that the new franchisee is legally bound to the terms of the franchise agreement. The transferee must assume all of the original franchisee's obligations, or sign a new franchise agreement for the remainder of the original term. This protects B Bops's interests and ensures consistency across its franchise network.

For a prospective B Bops franchisee, this means that if they plan to transfer their franchise in the future, they need to be aware that B Bops will have a say in who the transferee is and who needs to sign the transfer documents. This could involve partners or shareholders of the transferee, not just the primary transferee. It is important to understand that all parties directed by B Bops to sign will be held jointly and severally liable, meaning each individual is fully responsible for the entire obligation.