What is the minimum timeframe Cinnabon requires to evaluate a proposed Transfer (other than a Control Transfer) after receiving all requested information?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
For any Transfer that does not result in a Control Transfer, you must give us advance notice and submit a copy of all proposed contracts and other information concerning the Transfer and transferee that we may request.
We will have a reasonable time (not less than 30 days) after we have received all requested information to evaluate the proposed Transfer.
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, if a franchisee seeks to transfer their franchise to a new owner, Cinnabon requires a minimum of 30 days to evaluate the proposed transfer, starting from when they receive all the necessary information. This timeframe applies to transfers that do not constitute a Control Transfer, which has a different set of requirements.
This 30-day period allows Cinnabon to thoroughly assess the potential transferee's qualifications, financial stability, and operational capabilities to ensure they meet the brand's standards. It also provides Cinnabon with an opportunity to review the proposed contracts and other information related to the transfer to determine if the transfer will be beneficial for the Cinnabon system.
It's important to note that this is a minimum timeframe, and Cinnabon may take longer than 30 days if they deem it necessary for a comprehensive evaluation. Additionally, the franchisee and/or the transferee must also satisfy specific conditions, including paying all outstanding sums, not being in default, and ensuring the transferee meets Cinnabon's qualifications. The franchisee will also need to pay a transfer fee equal to 10% of the then-current initial franchise fee.