In the context of transferring interest in a Bft franchise, what is the condition regarding the assignee's willingness and financial ability to assume the Franchisor's obligations?

According to the 2025 FDD, when transferring interest in a Bft franchise, the assignee must be willing and financially able to assume the franchisor's obligations under the agreement. This condition is applicable to the extent required by the relevant law.

This means that if a franchisee wants to sell their Bft franchise to someone else, Bft must assess whether the potential buyer is both willing to take on the responsibilities outlined in the franchise agreement and has the financial resources to meet those obligations. This protects Bft by ensuring that the new franchisee is capable of maintaining the standards and financial commitments of the franchise.

The FDD specifies that Bft's judgment of the assignee's willingness and financial ability must be made in good faith. This implies that Bft cannot arbitrarily reject a potential buyer without a legitimate reason. The prospective franchisee should inquire about the specific criteria Bft uses to evaluate an assignee's willingness and financial capabilities to ensure they can find a suitable buyer who meets Bft's requirements.