Is written approval required from Beverly Anns Cookie before any Owner engages in a Transfer?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
- 3.1.2 Company Documents. At our request, you will furnish copies of all documents and contracts governing the rights and obligations of your Owners (such as, Articles of Incorporation or Organization and partnership, operating or shareholder agreements or similar documents, the "Company Documents"). You will not alter, change, or amend your Company Documents, without obtaining our prior written approval, which approval we will not unreasonably deny or withhold, and will grant if such changes will not prevent you from performing your obligations under this Franchise Agreement.
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, written approval is required from Beverly Anns Cookie before an owner alters, changes, or amends company documents. Specifically, section 3.1.2 states that a franchisee must furnish copies of all documents and contracts governing the rights and obligations of the owners, such as articles of incorporation or organization, partnership, operating or shareholder agreements.
The FDD states that a franchisee cannot alter, change, or amend company documents without obtaining prior written approval from Beverly Anns Cookie. However, Beverly Anns Cookie will not unreasonably deny or withhold approval, and will grant approval if such changes will not prevent the franchisee from performing its obligations under the Franchise Agreement.
This requirement ensures that Beverly Anns Cookie maintains control over the structure and operation of its franchises, and that changes to ownership or company documents do not negatively impact the franchisee's ability to meet its obligations under the franchise agreement. This is a fairly standard practice in franchising, as franchisors need to ensure consistency and protect their brand standards.