What must a Beverly Anns Cookie franchisee properly execute regarding title documents?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
chise Agreement. Unless otherwise precluded by state law, Former Franchisee shall execute Franchisor's current form of General Release Agreement.
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- New Franchise Agreement. New Franchisee shall execute the New Franchise Agreement for the Franchised Business (as amended by the form of Addendum prescribed by Franchisor, if applicable), and any other required contracts for the operation of a Beverly Ann's Cookies franchise as stated in Franchisor's Franchise Disclosure Document.
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- Former Franchisee's Contact Information. Former Franchisee agrees to keep Franchisor informed of its current address and telephone number at all times during the three-year period following the execution of this Agreement.
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- Acknowledgement by New Franchisee. New Franchisee acknowledges and agrees that the purchase of the rights to the Franchised Business ("Transaction") occurred solely between Former Franchisee and New Franchisee. New Franchisee also acknowledges and agrees that Franchisor played no role in the Transaction and that Franchisor's involvement was limited to the approval of Requested Assignment and any required actions regarding New Franchisee's signing of the New Franchise Agreement for the Franchised Business. New Franchisee agrees that any claims, disputes, or issues relating New Franchisee's acquisition of the Franchised Business from Franchisee are between New Franchisee and Former Franchisee, and shall not involve Franchisor.
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- Representation. Former Franchisee warrants and represents that it has not heretofore assigned, conveyed, or disposed of any interest in the Former Franchise Agreement or Franchised Business. New Franchisee hereby represents that it received Franchisor's Franchise Disclosure Document and did not sign the New Franchise Agreement or pay any money to Franchisor or its affiliate for a period of at least 14 calendar days after receipt of the Franchise Disclosure Document.
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- Notices. Any notices given under this Agreement shall be in writing, and if delivered by hand, or transmitted by U.S. certified mail, return receipt requested, postage prepaid, or via telegram or telefax, shall be deemed to have been given on the date so delivered or transmitted, if sent to the recipient at its address or telefax number appearing on the records of the sending party.
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- Further Actions.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, a new Beverly Anns Cookie franchisee purchasing an existing franchise must execute the New Franchise Agreement, including any addendums prescribed by Beverly Anns Cookie. This agreement is essential for operating a Beverly Ann's Cookies franchise. The franchisee acknowledges that the transaction is solely between the former and new franchisee, with Beverly Anns Cookie's involvement limited to approving the assignment and the new agreement. This clarifies that any disputes regarding the acquisition are between the franchisees and do not involve Beverly Anns Cookie.
Furthermore, the former franchisee must warrant that they have not previously assigned or disposed of any interest in the franchise agreement or franchised business. The new franchisee must also acknowledge receiving the Franchise Disclosure Document at least 14 calendar days before signing the New Franchise Agreement or paying any money to Beverly Anns Cookie or its affiliates. This ensures the franchisee has had adequate time to review the document and make an informed decision.
Both the former and new franchisees agree to take further actions to implement the terms of the agreement, including actions required or contemplated by the former franchise agreement. This includes maintaining open communication and fulfilling obligations to ensure a smooth transition. All notices related to the agreement must be in writing and delivered by hand or certified mail, ensuring proper documentation and receipt of important communications.