How is 'transfer' defined in the Cd One Price Cleaners Sublease agreement?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in franchise or other agreement | Summary |
|---|---|---|
| k. “Transfer” by | 5(c)(i) of Sublease | As defined in Franchise Agreement. |
| franchisee–defined |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–62)
What This Means (2025 FDD)
According to Cd One Price Cleaners' 2025 Franchise Disclosure Document, the definition of 'transfer' regarding the Sublease agreement is found in Section 5(c)(i) of the Sublease. The summary indicates that the definition is the same as defined in the Franchise Agreement.
This means that to fully understand what constitutes a 'transfer' under the Sublease, a prospective Cd One Price Cleaners franchisee must refer to the Franchise Agreement. The FDD does not provide the specific definition within the Franchise Agreement, but directs the franchisee to that document.
It is important for a potential franchisee to understand the conditions under which a transfer is permitted, the process for obtaining franchisor approval, and any restrictions or obligations that may apply. The franchisee should carefully review both the Sublease and Franchise Agreement, and should seek clarification from Cd One Price Cleaners on any ambiguous terms before signing any agreements.