Must a Chem Dry franchisee comply with post-termination obligations during a transfer?

According to Chem Dry's 2024 Franchise Disclosure Document, a franchisee must affirm and comply with their post-termination obligations, including those outlined in Sections 6 or 16, when transferring their franchise. This requirement is part of the conditions that must be met for Chem Dry to approve the transfer.

This means that even when a Chem Dry franchisee sells their business to a new owner, they are still responsible for fulfilling certain obligations that typically apply after the franchise agreement ends. These obligations could include maintaining confidentiality, adhering to non-compete agreements, and ensuring a smooth handover of customer data.

For a prospective Chem Dry franchisee, this highlights the importance of understanding all post-termination obligations before deciding to sell their franchise. Failing to comply with these obligations during a transfer could lead to legal or financial repercussions, even after the business has been sold.