Does the definition of 'transfer' for Cd One Price Cleaners include a gift?

According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the term "transfer" explicitly includes a gift. This definition is important because it means that any attempt to give away the franchise, whether directly or indirectly, is subject to the franchisor's approval and the conditions outlined in the franchise agreement. This ensures that Cd One Price Cleaners maintains control over who operates its franchises and that all franchisees meet their standards.

For a prospective Cd One Price Cleaners franchisee, this means that they cannot simply gift their franchise to a family member or another party without first obtaining approval from Cd One Price Cleaners. The franchisee must adhere to the transfer requirements detailed in Article 12 of the franchise agreement. This includes ensuring the proposed transferee meets the franchisor's standards, paying any applicable transfer fees, and ensuring the transferee completes the necessary training programs.

The inclusion of "gift" in the definition of transfer is a common practice in franchising. It prevents franchisees from circumventing the transfer approval process by gifting the franchise to someone who may not meet the franchisor's qualifications. This protects the integrity of the Cd One Price Cleaners brand and ensures that all franchisees are capable of maintaining the standards of the franchise system. Any transfer without the franchisor's approval constitutes a breach of the agreement.