What is a condition for Beyond Juicery Eatery's consent to a transfer of the Area Development Agreement?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
- Under Section 8, Franchisor shall not transfer and assign its rights and obligations under the Area Development Agreement unless the transferee will be able to perform Franchisor's obligations under the Area Development Agreement, in Franchisor's good faith judgment, so long as it remains subject to the General Business Laws of the State of New York.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, specifically the addendum for New York, the franchisor must determine in good faith that the transferee is capable of fulfilling Beyond Juicery Eatery's obligations under the Area Development Agreement. This condition applies as long as the agreement remains subject to the General Business Laws of the State of New York.
This stipulation ensures that any transfer of the Area Development Agreement will only be approved if the new party is deemed capable of maintaining the standards and obligations set forth in the original agreement. For a prospective franchisee, this means that if they plan to transfer their Area Development Agreement in New York, the proposed transferee will be subject to evaluation by Beyond Juicery Eatery to ensure they can meet the franchisor's obligations.
This requirement protects the integrity of the Beyond Juicery Eatery brand and the interests of other franchisees by ensuring that all parties involved in the Area Development Agreement are competent and capable. It is important to note that this condition is specific to New York due to its General Business Laws, and similar conditions may exist in other states with franchise-specific regulations, as indicated by the various state-specific addenda.