Assuming the franchisee has complied with the agreement, under what conditions will Baya Bar not unreasonably withhold consent for a transfer?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee shall not directly or indirectly sell, assign, transfer, give, devise, convey or encumber this Agreement or any right or interest herein or hereunder (a "Transfer"), the Franchise, the Franchised Business or any assets thereof (except in the ordinary course of business) or suffer or permit any such assignment, transfer, or encumbrance to occur by operation of law unless it first obtains the written consent of Franchisor.
Source: Item 22 — CONTRACTS (FDD page 56)
What This Means (2024 FDD)
I am unable to provide information on the conditions under which Baya Bar will not unreasonably withhold consent for a transfer, according to the 2024 Franchise Disclosure Document. The document discusses transfer restrictions and conditions under which Baya Bar may void a transfer, but it does not specify the conditions under which consent would not be unreasonably withheld. A prospective franchisee should ask the franchisor for more information about the specific conditions that must be met for a transfer to be approved.