Must all ascertained debts to Dryject and its affiliates be paid before a transfer?

According to Dryject's 2025 Franchise Disclosure Document, a franchisee must pay all ascertained debts to Dryject and its affiliates before a transfer of the franchise is approved. Specifically, Dryject will consider whether "all ascertained debts of Yours to Us and Our affiliates have been paid" when making a subjective determination about consenting to a transfer.

This requirement means that if a Dryject franchisee owes any money to the company or its related entities, those debts must be settled before the franchise can be transferred to a new owner. This protects Dryject and its affiliates by ensuring that outstanding financial obligations are resolved during the transfer process.

For a prospective franchisee, this highlights the importance of maintaining good financial standing with Dryject throughout the term of the franchise agreement. Failure to do so could impede the ability to sell or transfer the business later on. It is also important to understand who Dryject's affiliates are to ensure all debts to related parties are also cleared.