Under what conditions can a Crepe De Licious franchisee assign the lease to the franchisor?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
(n) your landlord must consent to transfer the lease to the proposed transferee;
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, a franchisee's landlord must consent to the transfer of the lease to the proposed transferee as one of the conditions for a transfer to occur. This means that before a Crepe De Licious franchisee can transfer their franchise to someone else, they need to get approval from their landlord to transfer the lease of the business location to the new franchisee.
This requirement protects Crepe De Licious by ensuring that the new franchisee has a secure location to operate the business. It also protects the landlord, who has the right to choose who occupies their property. For a prospective franchisee, this means that finding a location where the landlord is likely to approve a lease transfer is an important consideration.
If the landlord does not consent to transfer the lease, the transfer of the franchise cannot proceed. This condition is one of many that Crepe De Licious places on franchise transfers to ensure that new franchisees meet their standards and that the transfer does not negatively impact the brand. Other conditions include the transferee meeting Crepe De Licious's standards, paying a transfer fee, signing the current franchise agreement, completing training, and refurbishing the location.