Under which sections of the Development Agreement, Franchise Agreement, Individual Franchise Agreement, Express Franchise Agreement, and Renewal Franchise Agreement are Bojangles franchisees' transfer obligations detailed?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Section in Development Agreement (DA) Franchise Agreement (FA) Individual Franchise Agreement (IFA) Express Franchise Agreement (EFA) Renewal Franchise Agreement (RFA) | Item in Disclosure Document | |
|---|---|---|---|
| t. | Transfer | DA: Section IX FA: Section XIII IFA: Section XIV EFA: Section XV RFA: Section XIII Advertising Expense Sharing Agreement Section 13. | Item 17 |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 37–49)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, the sections detailing the transfer obligations for franchisees are specified within different agreements. The Development Agreement's Section IX, the Franchise Agreement's Section XIII, the Individual Franchise Agreement's Section XIV, the Express Franchise Agreement's Section XV, and the Renewal Franchise Agreement's Section XIII all contain information regarding transfer obligations. Additionally, the Advertising Expense Sharing Agreement Section 13 also addresses transfer obligations.
These sections are further referenced in Item 17 of the disclosure document, which likely provides more comprehensive details about the transfer process. This suggests that franchisees need to consult multiple sections across various agreements to fully understand their obligations when transferring their franchise.
Prospective franchisees should carefully review these sections and Item 17 to understand the conditions, restrictions, and procedures involved in transferring a Bojangles franchise. Understanding these obligations is crucial for future business planning and potential exit strategies.