Besides Cream not exercising its right of first refusal, what sections outline the requirements for Cream's approval of the transfer?

According to Cream's 2025 Franchise Disclosure Document, if Cream does not exercise its right of first refusal, a Cream franchisee or their owners may complete the sale to the proposed buyer only if Cream approves the transfer according to Sections 12.B and 12.C. Additionally, the franchisee, their owners, and the transferee must comply with the conditions outlined in these sections.

These sections likely contain specific requirements and conditions that must be met for Cream to approve the transfer of the franchise. These could include financial qualifications of the buyer, operational experience, acceptance of the current franchise agreement terms, and other factors Cream deems important for the continued success of the franchise.

It is important for a prospective Cream franchisee to carefully review Sections 12.B and 12.C of the Franchise Agreement to fully understand the requirements for transferring ownership. This ensures that if they decide to sell their franchise in the future, they can meet all necessary conditions for Cream's approval and avoid any potential obstacles to the transfer.