factual

Does the Bumper Man General Release apply to successors and assigns?

Bumper_Man Franchise · 2025 FDD

Answer from 2025 FDD Document

  • **6.

Successors and Assigns.** This Release will inure to the benefit of and bind the successor, assigns, heirs and personal representatives of Franchisor and each Releasor.

Source: Item 22 — CONTRACTS (FDD page 45)

What This Means (2025 FDD)

According to Bumper Man's 2025 Franchise Disclosure Document, the General Release does apply to successors and assigns. Specifically, the Release benefits and binds the successor, assigns, heirs, and personal representatives of both Bumper Man (the Franchisor) and each Releasor (which includes the Franchisee and Guarantors).

This means that if Bumper Man were to be acquired by another company, or if the franchisee were to sell their franchise, the terms of the General Release would still apply to the new parties. This ensures that the protections and obligations outlined in the release remain in effect even if the ownership or management of either the franchise or the franchisor changes.

For a prospective Bumper Man franchisee, this clause provides clarity and assurance that the agreements made in the General Release will continue to be honored, regardless of changes in ownership or management of either party. It also means that any successors or assigns of the franchisee will also be bound by the terms of the release, which could have implications for the sale or transfer of the franchise in the future.

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.