If Bonchon assigns the Franchise Agreement, what obligations will Bonchon no longer have?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
The last sentence in the first paragraph in Section 14.01 of the Franchise Agreement ("Assignment by Us") is deleted in its entirety replaced with the following language: "Instead, all such duties and obligations will be performed solely by our assignee, and you will never assert or contend otherwise."
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Section 14.01 of the Franchise Agreement addresses the assignment of the agreement by Bonchon. In the state of Washington, the last sentence of the first paragraph in Section 14.01 is modified. The original sentence is replaced with the statement that all duties and obligations will be performed solely by Bonchon's assignee, and the franchisee must acknowledge this arrangement.
This means that if Bonchon assigns the Franchise Agreement to another party, Bonchon itself will no longer be responsible for fulfilling the duties and obligations outlined in the agreement. Instead, the assignee will assume full responsibility for these duties.
For a prospective franchisee in Washington, this modification ensures clarity regarding who is responsible for fulfilling the franchisor's obligations after an assignment. It removes any ambiguity and makes it clear that the franchisee must look solely to the assignee for performance of the franchisor's duties. Outside of Washington, the FDD does not specify which obligations Bonchon would no longer have.