After termination of a Deck Medic franchise, what must be provided and assigned to the franchisor at no cost?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- (9) At no cost to Franchisor, take such action as may be determined by Franchisor to: (a) provide and assign to Franchisor the Business Management System, the Business Management System Data, and all customer lists, customer information, and customer data; and (b) transfer, disconnect, and/or otherwise assign, as directed by Franchisor, all telephone numbers, email addresses, yellow pages telephone directories, telephone directory type listings, Web Based Media listings, accounts and log-in information used in connection with Franchisee's former Deck Medic Business and/or otherwise associated with the System and/or the Licensed Marks, cancel Franchisee's interests in same as such cancellation may be directed by Franchisor, and effectuate, perform, honor, and comply with Franchisee's obligations under the Assignment of Telephone Numbers and Digital Media Accounts attached to this Agreement as Exhibit 3;
Source: Item 23 — RECEIPTS (FDD pages 43–228)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, upon termination of the franchise agreement, the franchisee must provide and assign certain assets to Deck Medic at no cost. Specifically, the franchisee must provide and assign the Business Management System, the Business Management System Data, and all customer lists, customer information, and customer data to Deck Medic.
Additionally, the franchisee is required to transfer, disconnect, or assign all telephone numbers, email addresses, yellow pages telephone directories, telephone directory type listings, Web Based Media listings, accounts, and log-in information used in connection with the former Deck Medic Business or associated with the Deck Medic system and licensed marks, as directed by Deck Medic. The franchisee must also cancel their interests in these items as directed by Deck Medic and comply with the Assignment of Telephone Numbers and Digital Media Accounts agreement.
These requirements ensure that Deck Medic maintains control over its business systems, customer data, and brand presence even after a franchise agreement ends. This is a fairly standard practice in franchising, as it protects the franchisor's brand and customer relationships. A prospective franchisee should carefully consider these obligations, as they will need to ensure they can comply with these requirements upon termination or transfer of the franchise.