Besides the conditions specified, does Cinnabon have the right to specify other conditions for a Control Transfer?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
For a proposed Control Transfer, in addition to any other conditions that we may specify and without limiting in any way our sole and absolute discretion to grant or withhold consent for a proposed Control Transfer, at a minimum, the following conditions must be satisfied (unless waived by us):
- A.
You notify us in writing at least 90 days prior to any proposed Control Transfer and provide all requested information at least 60 days prior to any proposed Control Transfer.
- B.
All sums you owe us and our affiliates are paid.
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, Cinnabon has the right to specify other conditions for a Control Transfer. For a Control Transfer, Cinnabon may specify other conditions that the franchisee must satisfy. These are in addition to the minimum conditions that must be met, unless waived by Cinnabon.
These minimum conditions include notifying Cinnabon in writing at least 90 days prior to the proposed Control Transfer and providing all requested information at least 60 days prior to the proposed Control Transfer. Additionally, all sums owed to Cinnabon and its affiliates must be paid.
Cinnabon also retains sole and absolute discretion to grant or withhold consent for a proposed Control Transfer, meaning they can deny a transfer even if all specified conditions are met. This level of control is typical in franchising, as the franchisor seeks to maintain brand standards and protect the network.