What training programs must the transferee and their employees complete when transferring a Bang Cookies franchise?

According to Bang Cookies's 2024 Franchise Disclosure Document, if a franchisee transfers their franchise to a new owner, the transferee and their employees may be required to complete training programs. Specifically, the transferee, along with their Managing Owner, Managers, and any other applicable employees, must complete any training programs that Bang Cookies has in effect for franchisees at the time of the transfer. These training programs will be subject to the terms and conditions outlined in the Franchise Agreement or as Bang Cookies otherwise reasonably requires.

This means that a prospective Bang Cookies franchisee who is considering purchasing an existing franchise should factor in the time and potential costs associated with completing these training programs. The specific content and duration of the training programs are not detailed in this section, but it is clear that Bang Cookies retains the right to mandate such training for the transferee and their personnel. This ensures that the new management and staff are aligned with Bang Cookies's operational standards and practices.

It is important for potential transferees to discuss the specifics of these training requirements with Bang Cookies during the transfer approval process. Understanding the scope and cost of the training will be crucial in assessing the overall investment and operational readiness of the transferred Bang Cookies franchise. The FDD does not specify who bears the costs of training, but it does state that the transferee is responsible for these expenses.