What release must a Batteries Plus Bulbs franchisee sign upon transfer?

According to the 2025 Batteries Plus Bulbs FDD, a franchisee (and each Principal Owner, if applicable) must sign a general release when transferring their franchise. This release must be in a form and substance that is satisfactory to Batteries Plus Bulbs. The release covers any and all claims against Batteries Plus Bulbs and its affiliates, officers, directors, employees, and agents. However, this release is limited or prohibited to the extent applicable by law.

This requirement means that a franchisee looking to transfer their Batteries Plus Bulbs franchise must resolve any outstanding disputes or potential legal issues with the franchisor before the transfer can proceed. The franchisor has significant discretion in determining whether the release is satisfactory, giving Batteries Plus Bulbs leverage in ensuring all potential claims are addressed. The franchisee should consult with a legal professional to fully understand the implications of signing such a release and to ensure their rights are protected.

It is common practice in franchising for franchisors to require a general release upon transfer to avoid future liabilities and disputes. This protects the integrity of the Batteries Plus Bulbs brand and ensures a smooth transition to the new franchisee. The cost of the transfer fee for a Multiple Unit Franchisee is One Thousand Dollars ($1,000).