Under what condition will Cinnaholic Franchising, LLC not unreasonably withhold consent to a transfer?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor will not unreasonably withhold consent to a Transfer provided the requirements of Section 19.4 have been satisfied.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to the 2025 Cinnaholic Franchise Disclosure Document, Cinnaholic Franchising, LLC will not unreasonably withhold consent to a transfer of the franchise if the requirements of Section 19.4 of the franchise agreement have been satisfied.
This means that if a franchisee wants to sell their Cinnaholic business, they must meet certain conditions outlined in Section 19.4 of the franchise agreement. If these conditions are met, Cinnaholic cannot arbitrarily deny the transfer. This provision protects the franchisee's ability to sell their business to a qualified buyer.
It is important for prospective franchisees to carefully review Section 19.4 of the Cinnaholic franchise agreement to understand the specific requirements for a transfer. These requirements typically include things like the proposed buyer's financial qualifications, management experience, and willingness to comply with the terms of the franchise agreement. Franchisees should also seek legal counsel to ensure they fully understand their rights and obligations regarding transfers.