What information and documents are a Del Taco franchisee and proposed transferee required to provide to Del Taco for evaluation of a proposed transfer?

According to Del Taco's 2025 Franchise Disclosure Document, if a franchisee proposes to transfer their obligations, any interest in the restaurant's assets, or any direct or indirect interest in the franchise, both the franchisee and the proposed transferee must provide Del Taco with all requested information and documents for evaluating the proposed transfer, transaction, and transferee. This includes the business and financial terms of the proposed transaction, such as leases, assignments, renewals, extensions, and any necessary landlord consents.

Del Taco also requires financial and operational information about the proposed transferee. This may include evidence of financing needed to complete the transaction or to fund the transferee's operations after the transfer is finalized. The level of detail and scope of documents required will be determined by Del Taco during the transfer evaluation process.

This requirement ensures that Del Taco can thoroughly assess the suitability of the proposed transferee and the financial viability of the transfer. It allows Del Taco to protect its brand and the interests of other franchisees by ensuring that new operators meet their standards and have the resources to successfully run the Del Taco restaurant. Prospective franchisees should be prepared to gather and submit comprehensive documentation if they plan to transfer their franchise in the future.