If Beyond Juicery Eatery assigns the Franchise Agreement, who assumes the obligations?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
If Franchisor assigns the Lease to another Beyond Juicery + Eatery franchisee, Franchisor shall be released from any further liability under the Lease.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to the 2025 Beyond Juicery Eatery Franchise Disclosure Document, if Beyond Juicery Eatery assigns the lease to another franchisee, Beyond Juicery Eatery is released from any further liability under the lease. This means that the new franchisee to whom the lease is assigned assumes the obligations and liabilities associated with the lease from that point forward.
This clause protects Beyond Juicery Eatery from ongoing responsibilities once they transfer the lease to a new franchisee. However, it's important to note that this release only applies to the lease agreement itself. Beyond Juicery Eatery would likely still have obligations under the franchise agreement, which is a separate contract.
For a prospective franchisee, this is a standard practice. It is important to fully understand the terms of both the lease agreement and the franchise agreement to know exactly what obligations are being assumed when a lease is assigned. It would be prudent to seek legal counsel to review these documents before agreeing to the assignment.