When transferring a Better Blend franchise, what training are the proposed transferee, its owners, and employees required to undergo?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
- (vii) the proposed Transferee and its owners and employees undergo such training as BBF may require;
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, if a franchisee wishes to transfer their franchise to a new owner, the proposed transferee, its owners, and employees must undergo training if Better Blend requires it.
This condition is one of several that Better Blend may impose when granting consent for a transfer. Other conditions include the payment of a transfer fee of $17,500 plus any broker fees and out-of-pocket costs incurred by Better Blend, the proposed transferee meeting Better Blend's standards for new franchisees, and the proposed transferee not being a competitor. The transferee must also execute Better Blend's current franchise agreement and provide a guaranty.
This requirement ensures that the new management and staff are properly trained in Better Blend's system, standards, and procedures, maintaining consistency and quality across all franchise locations. The FDD does not specify the content, duration, or location of this training, as it is subject to Better Blend's discretion. A prospective franchisee should inquire with Better Blend about the specific training requirements for transferees to fully understand the obligations involved in a franchise transfer.