factual

Can Browns Chicken freely assign the franchise agreement?

Browns_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in Agreement Summary
(j) Assignment of contract by 22A Fully assignable by Brown.
Franchisor
(k) "Transfer" by Franchisee 22B and 22E Any type of transfer, including change in ownership.
--defined
(l) Franchisor's approval of 22B No transfer without Brown's approval.
transfer by Franchisee
(m) Conditions for Franchisor’s 22C and 22D Full compliance with all agreements, Brown's approval of
approval of transfer by proposed new franchisee, transfer fee must be paid, new
Franchisee franchisee must execute all agreements.
Provision Provision in Preliminary Agreement Summary
e. Assignment by Paragraph 22 You may not assign the Video Gaming Rider G even if you
Franchisee assign the Franchise Agreement

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 36–38)

What This Means (2025 FDD)

According to Browns Chicken's 2025 Franchise Disclosure Document, Browns Chicken can freely assign the franchise agreement. The FDD outlines the provisions related to the assignment of the franchise agreement by both the franchisor and the franchisee. Specifically, Browns Chicken has the right to fully assign the franchise agreement.

However, the franchisee's ability to assign the agreement is restricted. The franchisee cannot transfer the franchise without Browns Chicken's approval. To gain approval for a transfer, the franchisee must be in full compliance with all agreements, Browns Chicken must approve the proposed new franchisee, a transfer fee must be paid, and the new franchisee must execute all required agreements.

Additionally, the franchisee cannot assign the Video Gaming Rider G, even if the Franchise Agreement is assigned. This restriction adds another layer of complexity to any potential transfer, as the rights associated with video gaming are not automatically transferable with the franchise itself. Prospective franchisees should carefully consider these restrictions and requirements related to assignment and transfer, as they can significantly impact the flexibility and potential resale value of the franchise.

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.