factual

Does B Bops have the right to withhold consent for a franchise transfer?

B_Bops Franchise · 2025 FDD

Answer from 2025 FDD Document

  • C.

Other Transfers.

Company will not unreasonably withhold its consent to any transfer not falling within the scope of Sections 19(A) or 19(B) above, provided that Company may in its discretion require that one or more of the following conditions be satisfied prior to, or concurrently with, the effective date of such transfer:

  • (1) The transferee shall be of good moral character and reputation, have the financial capacity to own and operate the Franchise, have business and professional qualifications reasonably acceptance to Company and otherwise meet Company's then current standards for franchisees.

Franchisee shall provide Company with such information as Company may reasonably require to make such a determination regarding the proposed transferee.

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2025 FDD)

According to B Bops's 2025 Franchise Disclosure Document, B Bops will not unreasonably withhold consent to a transfer that does not fall within the scope of sections 19(A) or 19(B). However, B Bops may require certain conditions be satisfied before or concurrently with the transfer. These conditions include ensuring the transferee is of good moral character and reputation, has the financial capacity to own and operate the franchise, possesses acceptable business and professional qualifications, and meets B Bops's current standards for franchisees.

For transfers due to death or disability, B Bops will not unreasonably withhold consent, but may require compliance with conditions outlined in Section 19(C), except for the transfer fee and the right of first refusal if the transferee is an immediate family member. If the legal representative and surviving partners fail to comply or propose an unacceptable transferee, the agreement may be terminated.

Prospective franchisees should understand that while B Bops aims to be reasonable in approving transfers, they retain significant discretion to ensure any transferee meets their standards. This protects the brand and the interests of other franchisees. Franchisees looking to transfer their business need to find a suitable buyer who meets B Bops's criteria and be prepared to provide all necessary information for B Bops to make their determination.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.