factual

In a Clean Your Dirty Face franchise transfer, what reports and statements must be submitted?

Clean_Your_Dirty_Face Franchise · 2025 FDD

Answer from 2025 FDD Document

  • you have paid all Royalties, Marketing Fund Contributions, and other amounts owed to us, our affiliates, and third-party vendors, and have submitted all required reports and statements;

Source: Item 22 — CONTRACTS (FDD page 54)

What This Means (2025 FDD)

According to Clean Your Dirty Face's 2025 Franchise Disclosure Document, a franchisee must have submitted all required reports and statements to Clean Your Dirty Face, its affiliates, and third-party vendors to transfer their franchise.

This requirement ensures that the franchisee is current on all obligations before transferring the franchise to a new owner. This protects Clean Your Dirty Face by ensuring compliance and financial responsibility throughout the franchise term. It also ensures a smooth transition for the new franchisee, who will not inherit any unresolved issues or outstanding reports.

In addition to submitting all required reports and statements, the franchisee must also pay all royalties, marketing fund contributions, and other amounts owed to Clean Your Dirty Face, its affiliates, and third-party vendors. The franchisee must also not have violated any provision of the Franchise Agreement or any other agreement with Clean Your Dirty Face or its affiliates during the 60-day period before requesting consent to the transfer and the period between the request and the effective date of the transfer. The franchisee must also provide Clean Your Dirty Face with all information or documents requested about the proposed transfer, the transferee, and its owners and sign a general release of any and all claims against Clean Your Dirty Face and its shareholders, officers, directors, employees, and agents.

Prospective franchisees should carefully review the Franchise Agreement to understand all reporting requirements and ensure compliance to facilitate a smooth transfer process if they decide to sell their Clean Your Dirty Face franchise in the future.

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.