factual

What constitutes 'cause' for termination related to transfer violations under Article 14 of the Byrider Franchise Agreement?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

Section in
Description Franchise C
Provision Agreement or Summary
other
agreement
h. "Cause" defined – Articles 16.1, Failure to open the Business within
defaults which cannot 16.2 and 16.4 1 year; failure to complete required
be cured initial training prior to opening for
See also Area business; supplying Byrider
Development Franchising Partners with materially
Agreement, false, misleading, incomplete, or
Section 4 inaccurate information; your
software agreement is terminated
by Byrider Franchising Partners for
breach of its provisions; you make
or attempt to make any transfer in
violation of Article 14 of the
Franchise Agreement, you make an
assignment for the benefit of
creditors or are deemed insolvent or
unable to pay your debts generally
as they become due; the business
or Business Location is seized,
taken over, or foreclosed by a
government official, creditor,
lienholder, or lessor and final
judgment is unsatisfied for thirty
days without bond or appeal or a
levy of execution has been made
upon the licenses granted or upon
any property used in the Business
and is not discharged within five
days of such levy; you or any of
your managers, directors, officers or
majority stockholder are convicted
of, or plead guilty or no contest to, a
felony or other criminal misconduct
directly related to the operation of
the Business. You default under
any other agreement with Byrider
Franchising Partners or its affiliates,
which does not afford you a cure
period.

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–63)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, making or attempting to make any transfer in violation of Article 14 of the Franchise Agreement constitutes 'cause' for termination. This is considered a default that cannot be cured.

For a prospective Byrider franchisee, this means that any unauthorized attempt to transfer ownership or control of the franchise can lead to immediate termination of the franchise agreement. This is a serious matter, as it bypasses the franchisor's rights and procedures regarding franchise transfers. Franchise agreements typically have clauses outlining the process for transferring ownership, which often includes Byrider's approval, transfer fees, and training for the new owner.

This provision protects Byrider's interests by ensuring that any transfer of the franchise meets their standards and maintains the brand's integrity. It also prevents franchisees from circumventing the proper channels for transferring the business, which could potentially harm the Byrider brand. Franchisees should carefully review Article 14 of the Franchise Agreement to fully understand the transfer requirements and avoid any actions that could be considered a violation.

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.