What section of the Bumper Man franchise agreement addresses unauthorized transfers?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
- (viii) Franchisee (or any of its Principals or Affiliates) makes an unauthorized Transfer pursuant to Section 16;
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, Section 16 of the franchise agreement addresses unauthorized transfers. Specifically, Item 23 notes that making an unauthorized transfer pursuant to Section 16 can be grounds for default.
An unauthorized transfer occurs when a franchisee attempts to transfer control of their Bumper Man business without obtaining prior written consent from the franchisor. This includes surrendering or transferring control of the business operation.
If a franchisee engages in an unauthorized transfer, it can lead to serious consequences, including potential default under the franchise agreement. Therefore, it is crucial for prospective Bumper Man franchisees to understand and comply with the transfer requirements outlined in Section 16 of the franchise agreement.