Can Beyond Juicery Eatery assign its agreement to another party without the Developer's consent?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor shall assume all of Franchisee's rights, options, and obligations under the Lease commencing upon the effective date of the assignment and Franchisor shall have the further right to transfer or assign the Lease to another Beyond Juicery + Eatery franchisee without the need to seek consent from Landlord.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to the 2025 FDD, Beyond Juicery Eatery has the right to transfer or assign the lease to another Beyond Juicery Eatery franchisee without needing consent from the landlord. This clause is specifically in reference to the assignment of the lease agreement, not the franchise agreement itself.
Beyond Juicery Eatery's ability to assign the lease to another franchisee provides flexibility for the brand. If a franchisee leaves or defaults, Beyond Juicery Eatery can ensure continued operation by transferring the lease to a new franchisee. This protects the brand's presence and revenue stream.
However, the FDD excerpts provided do not specify whether Beyond Juicery Eatery can assign the franchise agreement itself without the developer's consent. A prospective franchisee should seek clarification from Beyond Juicery Eatery regarding the specific conditions and limitations related to the assignment of the franchise agreement.