Under what condition will City Wide not unreasonably withhold approval of a transfer?

According to City Wide's 2025 Franchise Disclosure Document, City Wide will not unreasonably withhold approval of a transfer to a proposed transferee if the transferee is of good moral character, possesses the necessary business experience and aptitude, has sufficient financial resources, and meets City Wide's current standards. This is contingent upon the franchisee being in full compliance with the Franchise Agreement at the time of the proposed transfer.

This condition ensures that any potential new franchisee meets the standards set by City Wide to maintain the quality and reputation of the franchise system. It protects City Wide from having a franchisee transfer their business to someone who is not qualified or capable of running it successfully.

For a prospective franchisee, this means that if they decide to sell their City Wide franchise, they need to find a buyer who meets City Wide's criteria. The franchisee must also ensure they are in full compliance with their franchise agreement to facilitate the transfer. Failure to meet these conditions could result in City Wide disapproving the transfer.