factual

Can the Franchisee assign the agreement without the Associate's consent for a Bambu franchise?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

Both Franchisee and Bambu may assign all or part of this Agreement and the rights which inure to either of them hereunder without the consent of Associate, provided that any assignment by Franchisee shall require the written consent of Bambu.

This Agreement shall not be assignable by Associate.

Source: Item 23 — Receipts (FDD pages 52–209)

What This Means (2025 FDD)

According to Bambu's 2025 Franchise Disclosure Document, both Bambu and the franchisee can assign the Associate Agreement without the Associate's consent. However, if the franchisee wants to assign their rights, they must first obtain written consent from Bambu. This requirement ensures that Bambu maintains control over who is involved in the franchise and can approve or deny any proposed assignment by the franchisee.

This condition is outlined in the section regarding assignment within the Associate Agreement. It explicitly states that while Bambu has the freedom to assign the agreement, the franchisee's ability to do so is contingent upon receiving Bambu's written approval. This protects Bambu's interests by allowing them to vet potential new parties and ensure they meet the brand's standards and qualifications.

For a prospective Bambu franchisee, this means that if they ever wish to transfer their rights and obligations under the Associate Agreement to someone else, they must first seek and obtain Bambu's permission. Bambu has the right to refuse this transfer, giving them significant control over the future of the franchise and its relationships with associates. This is a fairly standard practice in franchising, as franchisors typically want to maintain control over who is operating under their brand name.

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.