Is Beverly Anns Cookie prevented from exercising 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 Beverly Anns Cookie's 2025 Franchise Disclosure Document, Beverly Anns Cookie has a right of first refusal.
Specifically, Item 23, section 16.3.11 states that Beverly Anns Cookie has a right of first refusal. This means that if a franchisee decides to sell their franchise, Beverly Anns Cookie has the first opportunity to purchase it before the franchisee can sell it to someone else.
This right gives Beverly Anns Cookie more control over who becomes a franchisee within their system. For a prospective franchisee, this could mean that selling their franchise in the future might be more complex, as they would first need to offer it to Beverly Anns Cookie and comply with the conditions outlined in the franchise agreement.