In Michigan, does Beverly Anns Cookie have a right of first refusal to purchase a franchise?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
- 16.3.11 Right of First Refusal.
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, the document includes a section 16.3.11 titled "Right of First Refusal." However, the excerpt provided does not specify whether Beverly Anns Cookie has a right of first refusal to purchase a franchise in Michigan or any other state.
Without further information, it is not possible to determine from this document if Beverly Anns Cookie has a right of first refusal. A right of first refusal would mean that if a franchisee decides to sell their franchise, Beverly Anns Cookie would have the first opportunity to buy it before the franchisee can sell it to someone else.
A prospective franchisee should review Exhibit G, which contains state addenda and agreement riders, to see if Michigan has any state-specific laws or regulations regarding the right of first refusal. They should also ask Beverly Anns Cookie directly about their policy on right of first refusal in Michigan.