factual

Does the Big Apple Bagels franchise agreement inure to the benefit of any assignee of the franchisor?

Big_Apple_Bagels Franchise · 2025 FDD

Answer from 2025 FDD Document

A. By Franchisor. This Agreement is fully assignable by Franchisor and shall inure to the benefit of any assignee or other legal successor to the interests of Franchisor herein.

Source: Item 23 — RECEIPTS (FDD pages 87–319)

What This Means (2025 FDD)

According to the 2025 Big Apple Bagels Franchise Disclosure Document, the franchise agreement is fully assignable by the franchisor, BAB Systems, Inc., and shall inure to the benefit of any assignee or other legal successor to the interests of the franchisor.

This means that Big Apple Bagels has the right to transfer the franchise agreement to another party. If Big Apple Bagels assigns the agreement, the new assignee will receive the benefits of the agreement.

For a prospective franchisee, this clause indicates that the relationship with Big Apple Bagels could change if the franchise agreement is assigned to a new entity. The assignee would then be responsible for fulfilling the franchisor's obligations, and the franchisee would need to work with the new entity. It is important to note that the agreement inures to the benefit of the assignee, not necessarily to the detriment of the franchisee, but it does introduce a potential change in management and operational style.

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.