What is the dependency between the prospective purchaser executing agreements and Carbones Pizzeria consenting to the transfer?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the franchisor's consent to a franchise transfer is contingent upon the prospective purchaser executing agreements. Specifically, the prospective purchaser must agree to the same agreements that are being required of new Carbones Pizzeria franchisees at the time of the transfer. Additionally, the franchisee initiating the transfer must execute a general release in the form required by Carbones Pizzeria.

This condition means that a franchisee looking to sell their Carbones Pizzeria location cannot complete the transfer until the potential buyer commits to the then-current franchise agreement and related documents. This protects Carbones Pizzeria by ensuring that all franchisees, including those who acquire existing locations, are operating under the same, up-to-date terms and conditions. It also allows Carbones Pizzeria to update its franchise agreement over time and apply those changes to new and transferring franchisees.

Furthermore, Carbones Pizzeria also requires that the franchisee is not in default of any payments, pays a $5,000 transfer fee, and ensures the transferee and their employees complete the initial training program before the transfer is finalized. These stipulations, combined with the agreement execution requirement, give Carbones Pizzeria significant control over who becomes a franchisee and ensures a smooth transition that aligns with their current standards and practices.