Under what conditions does Canine Dimensions have the right of first refusal to acquire a franchisee's Canine Dimensions business?

According to Canine Dimensions's 2025 Franchise Disclosure Document, Canine Dimensions has the right of first refusal to acquire a franchisee's business. Specifically, Canine Dimensions can match any bona fide written offer that a franchisee receives for their franchised business. This is detailed in Section 13.5 of the Franchise Agreement, as outlined in Item 19.

This right of first refusal means that if a franchisee wants to sell their Canine Dimensions business and receives a legitimate offer from a third party, they must first offer Canine Dimensions the opportunity to buy the business on the same terms. This gives Canine Dimensions control over who enters the system as a new franchisee and ensures that the brand maintains consistent standards and practices.

For a prospective franchisee, this condition means that selling the business may involve an extra step. While they might find a buyer, Canine Dimensions has the ultimate say in who takes over the franchise. It is important for franchisees to understand this clause, as it can impact their exit strategy and the potential value they receive for their business. Franchisees should carefully review Section 13.5 of the Franchise Agreement to fully understand the implications of Canine Dimensions's right of first refusal.