factual

In the event of a transfer, can Capriottis Sandwich Shop match any offer for my Restaurant?

Capriottis_Sandwich_Shop Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
you subordinate amounts due to you; and
you stop using Marks and our other
intellectual property (also see (r) below).
If you want to engage a consultant or
broker to identify a potential transferee,
you must give us at least 90 days' prior
written
notice
of
that
potential
engagement.
n. Our right of first refusal to acquire your business Section 14 We may match any offer for your Restaurant or ownership interest in you or entity that controls you.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 50–59)

What This Means (2025 FDD)

According to Capriottis Sandwich Shop's 2025 Franchise Disclosure Document, Capriottis Sandwich Shop has the right of first refusal to acquire your business. Specifically, Capriottis Sandwich Shop may match any offer you receive for your Restaurant, or for the ownership interest in you or the entity that controls you.

This means that if you decide to sell your Capriottis Sandwich Shop franchise, you must first give Capriottis Sandwich Shop the opportunity to buy it on the same terms as any other potential buyer. This right of first refusal allows Capriottis Sandwich Shop to maintain control over its franchise system and ensure that any new franchisees meet their standards.

As a prospective franchisee, it is important to understand this right of first refusal. If you plan to sell your Capriottis Sandwich Shop franchise in the future, you should be aware that Capriottis Sandwich Shop has the option to purchase it themselves, potentially affecting your ability to sell to your preferred buyer or negotiate the highest possible price. You should factor this into your long-term business plans and financial projections.

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.
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