factual

By what date must the transfer occur for a Clean Your Dirty Face franchise?

Clean_Your_Dirty_Face Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Conditions to Consent.

Franchisor's consent to the Transfer is conditioned on all of the following terms and conditions being met on or prior to the Transfer Date:

  • (a) The Transfer must occur no later than

Source: Item 23 — RECEIPTS (FDD pages 54–186)

What This Means (2025 FDD)

According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, the transfer of a franchise must occur by a specific date, which is not explicitly defined in the document but is to be filled in. If the transfer does not occur by this date, the consent for the transfer becomes void, and the franchisor's consent is withdrawn. Any transfer occurring after this date will be considered an unauthorized transfer under the original agreement.

Several conditions must be met before the transfer date. These include ensuring all representations and warranties made by both the transferring and receiving parties are accurate as of the transfer date. Additionally, neither party should have violated any terms of the consent, the original agreement, the new agreement, or any other agreements with the franchisor, its affiliates, suppliers, or the landlord of the Clean Your Dirty Face Facial Bar.

The transferring parties are required to provide all necessary information and documents about the receiving parties to allow the franchisor to evaluate their ability to meet the obligations under the current franchise agreement. This includes satisfying all application and certification requirements. Furthermore, executed versions of all documents related to the transfer, along with any other requested information, must be provided to the franchisor to ensure the transfer meets all requirements, including terms, closing date, purchase price, debt amount, and payment terms. The franchisor must also determine that the purchase price and payment terms will not negatively impact the operation of the Clean Your Dirty Face Facial Bar.

Prospective franchisees should note the importance of adhering to these conditions and timelines to ensure a smooth and authorized transfer. It is crucial to communicate effectively with the franchisor and provide all required documentation promptly. Franchisees should ask the franchisor about the specific date that needs to be filled in, as well as any other requirements for the transfer.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.