Can Bombs Away Franchising deny a transfer if the proposed assignee is a competitor?

According to Bombs Away's 2024 Franchise Disclosure Document, Bombs Away Franchising can deny a transfer to a proposed assignee if that assignee is considered a competitor. This is explicitly stated as one of the conditions Bombs Away Franchising may impose when granting consent for a transfer.

This provision protects Bombs Away's business interests by preventing a competitor from gaining control of an existing Bombs Away franchise and potentially using its resources, knowledge, and location to benefit their competing business. It ensures that the franchise remains within the Bombs Away system and continues to operate in a way that aligns with the brand's standards and goals.

For a prospective Bombs Away franchisee, this means that if they ever decide to sell their franchise, they cannot sell it to a direct competitor without Bombs Away Franchising's approval. Bombs Away has the right to refuse the transfer if the proposed buyer is a competitor. This condition is in place to safeguard the Bombs Away brand and maintain a competitive advantage within the market.