Is the City Publications franchisee required to provide a copy of all contracts between the franchisee and the transferee before or after the transfer?

The 2025 City Publications Franchise Disclosure Document states that a franchisee must satisfy the franchisor that the transferee meets the franchisor's management, business, and financial standards. However, the FDD does not explicitly state whether the franchisee is required to provide a copy of all contracts between the franchisee and the transferee before or after the transfer.

Without a specific requirement to provide all contracts, the franchisee might only need to provide documentation that demonstrates the transferee's qualifications in management, business acumen, and financial stability. This could include financial statements, business plans, or resumes of the transferee's management team.

A prospective City Publications franchisee should clarify with the franchisor the exact documentation required to demonstrate a transferee's qualifications and whether this includes providing copies of all contracts between the franchisee and the transferee.