What is the effect of a material change in the terms of the offer to purchase a Bb.Q Chicken franchise?

According to Bb.Q Chicken's 2025 Franchise Disclosure Document, any material change to the terms of an offer to purchase a franchise prior to closing is considered a new offer. This triggers Bb.Q Chicken's right of first refusal, allowing them to purchase the franchise on the same terms and conditions as the proposed purchaser.

This means that if a franchisee receives an offer to sell their Bb.Q Chicken franchise and the terms of that offer change significantly before the sale is finalized, Bb.Q Chicken has the right to re-evaluate the new offer and decide whether to purchase the franchise themselves. This provision ensures that Bb.Q Chicken maintains control over who enters the franchise system and under what conditions a franchise can be transferred.

For a prospective Bb.Q Chicken franchisee, this clause highlights the importance of clear and stable offers when considering selling their franchise. Any alterations to the offer could delay or complicate the sale, as Bb.Q Chicken has the right to step in and purchase the franchise based on the revised terms. This also protects Bb.Q Chicken's interests by preventing franchisees from making last-minute changes to an offer that could be detrimental to the brand or the franchise system as a whole.