Does Cicis have any restrictions on transferring its rights under the Area Development Agreement?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise or other Agreement | Summary | |
|---|---|---|---|
| j. | Assignment of contract by franchisor | Franchise Agreement - Section 13.A. Area Development Agreement - Section 5.A. | We may transfer our rights without restriction. We may transfer our rights without restriction. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 45–53)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, Cicis, as the franchisor, can transfer its rights under the Area Development Agreement without any restrictions. This is a standard clause in most franchise agreements, allowing the franchisor flexibility in its business operations.
For a prospective franchisee, this means that Cicis could potentially sell, assign, or otherwise transfer the Area Development Agreement to another party without needing the franchisee's consent. This could result in a new franchisor with potentially different business practices or priorities.
While this clause provides Cicis with considerable freedom, it's important for franchisees to understand that the core terms of their agreement should remain intact. However, a change in franchisor could impact the support, resources, and overall relationship a franchisee experiences. It is important to maintain open communication with Cicis to stay informed of any potential changes.