If the Developer's obligations were guaranteed, what must the transferee do regarding the guarantee when transferring a Bojangles franchise?

According to Bojangles's 2025 Franchise Disclosure Document, if the obligations of a Bojangles Developer were guaranteed by the transferor, the transferee must also guarantee the performance of all such obligations in writing. This written guarantee must be in a form that is satisfactory to Bojangles.

In simpler terms, this means that if the original Developer had someone guaranteeing their financial or performance obligations under the Development Agreement, the person or entity taking over the agreement (the transferee) must also provide a written guarantee. This ensures that Bojangles has a continued assurance of performance and financial backing even after the transfer of the development rights.

This requirement is a standard practice in franchising to protect the franchisor's interests and maintain the integrity of the franchise system. By requiring a guarantee from the transferee, Bojangles aims to minimize the risk of default or non-performance by the new Developer. Prospective franchisees should carefully review the terms of the guarantee and ensure they understand the full extent of their obligations before proceeding with the transfer.