factual

Does Chesters have the right to withhold consent for a transfer by a Chesters franchisee?

Chesters Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
d. Termination by franchisee Not Applicable You have no contractual right to terminate the Agreement. However, you have the right to terminate the Agreement on any grounds available under applicable state law.
e. Termination by franchisor without cause Not Applicable We have no right to terminate your Agreement without cause.
f. Termination by franchisor with cause 18 and 19 of Agreement We have right to terminate only if you breach the Agreement.
g. "Cause" defined – curable defaults 19 of Agreement You generally have 20 days to cure all defaults that by their nature can be cured.
h. "Cause" defined – non-curable defaults 11, 18, and 19 of Agreement Unapproved transfers and third failed in- Restaurant inspection are not curable defaults.
i. Franchisee's obligations on termination/ non-renewal 20 of Agreement Obligations include cease operating Restaurant and representing yourself as present or former franchisee; cease using confidential information, Marks, and trade dress; complete de-identification; and payment of amounts due. Also see (r) below.
j. Assignment of contract by franchisor 18 of Agreement No restriction on our right to assign; we have the right to assign without your approval.
k. "Transfer" by franchisee – defined 18 of Agreement Includes transfer of Agreement, your controlling ownership interest, and your actual management control.
1. Franchisor approval of transfer by franchisee 18 of Agreement You have no right to transfer without our prior written consent, which we have the right to grant or withhold as we deem best.
m. Conditions for franchisor approval of transfer 18 of Agreement The Agreement does not specify any transfer conditions you must satisfy; we have the right to grant or withhold approval of a proposed transfer as we deem best.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 35–38)

What This Means (2025 FDD)

According to Chesters's 2025 Franchise Disclosure Document, Chesters franchisees do not have the right to transfer their franchise without prior written consent from Chesters. Chesters retains the right to grant or withhold this approval as it deems best. This condition is detailed in Section 18 of the franchise agreement.

This means that if a franchisee wishes to sell their Chesters business or transfer controlling ownership, they must first obtain Chesters's permission. Chesters has broad discretion in making this decision, as the agreement does not specify particular conditions that Chesters must consider or adhere to when evaluating a proposed transfer.

For a prospective franchisee, this underscores the importance of understanding Chesters's criteria for approving transfers. While the FDD indicates that no specific conditions are outlined, it would be prudent to discuss potential transfer scenarios with Chesters during the due diligence phase. Understanding Chesters's perspective on what constitutes an acceptable transferee can help a franchisee plan for the future and avoid potential roadblocks if they later decide to sell their franchise.

This level of control over franchise transfers is relatively common in the franchise industry, as franchisors seek to maintain brand standards and ensure that new operators are well-qualified. However, the lack of specific, written criteria in the Chesters agreement gives Chesters significant latitude in its decisions.

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.