factual

What is a condition for Beyond Juicery Eatery Franchisor's consent to a transfer of the Developer's interest?

Beyond_Juicery_Eatery Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (9) Franchisor's consent to a Transfer of any interest in this Agreement shall not constitute a waiver of any claims Franchisor may have against the transferor or the transferee, nor shall it be deemed a waiver of Franchisor's right to demand compliance with the terms of this Agreement.

Source: Item 23 — RECEIPTS (FDD pages 60–337)

What This Means (2025 FDD)

According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the franchisor's consent to a transfer of any interest in the Area Development Agreement does not constitute a waiver of any claims the franchisor may have against either the transferring party or the receiving party. Furthermore, it does not waive the franchisor's right to demand compliance with the terms outlined in the agreement. This means that even if Beyond Juicery Eatery approves a transfer, they still retain all rights to enforce the original agreement against both the previous and new developers.

This provision protects Beyond Juicery Eatery by ensuring that the transfer of the development agreement does not inadvertently relinquish any legal or contractual rights they hold. For a potential franchisee, this implies that transferring the agreement doesn't absolve them of any existing liabilities or non-compliance issues. Similarly, the new developer will be held to the same standards and obligations as the original developer.

This is a fairly standard clause in franchise agreements. It is designed to ensure continuity and adherence to the franchise terms, regardless of changes in ownership or management. A prospective Beyond Juicery Eatery franchisee should carefully review the entire transfer section of the Area Development Agreement to fully understand all conditions and implications before considering a transfer of their interest.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.