factual

In Michigan, is a proposed transferee's unwillingness to comply with lawful obligations considered good cause to refuse a transfer of a Bigfoot Forestry franchise?

Bigfoot_Forestry Franchise · 2025 FDD

Answer from 2025 FDD Document

Good cause shall include, but is not limited to:

  • (vii) The unwillingness of the proposed transferee to agree in writing to comply with all lawful obligations.

Source: Item 23 — RECEIPT (FDD pages 42–162)

What This Means (2025 FDD)

According to the 2025 Bigfoot Forestry Franchise Disclosure Document, a proposed transferee's unwillingness to agree in writing to comply with all lawful obligations is considered good cause for Bigfoot Forestry to refuse a transfer.

Bigfoot Forestry has the right to deny a transfer if the potential new franchisee does not meet the brand's current standards or qualifications. This encompasses various factors, including the transferee's willingness to adhere to all legal requirements. Additionally, if the proposed transferee is a competitor of Bigfoot Forestry, the company can also refuse the transfer.

Furthermore, Bigfoot Forestry can refuse a transfer if the franchisee or proposed transferee has not paid what they owe to Bigfoot Forestry or fixed any defaults in the franchise agreement at the time of the proposed transfer. This provision ensures that all financial and contractual obligations are met before a transfer can proceed.

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.