To whom can Floyds 99 delegate its obligations and duties?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
Assignee shall have the right to assign any of its rights, duties or obligations under this Agreement to an affiliate or designee of Assignee.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, Floyds 99 Franchising, LLC, as the Assignee, has the right to assign its rights, duties, or obligations under the agreement. This assignment can be made to an affiliate or designee of the Assignee. This means that Floyds 99 can transfer its responsibilities and entitlements under the agreement to another entity that is either affiliated with them or specifically designated by them.
For a prospective franchisee, this clause indicates that the original entity they contracted with (Floyds 99 Franchising, LLC) might not be the entity they deal with throughout the term of their franchise agreement. The franchisee needs to be aware that Floyds 99 can transfer its obligations to another party, which could impact the support, resources, and overall relationship they experience as a franchisee.
It is important for potential franchisees to understand the implications of such assignments. While the FDD specifies that Floyds 99 can assign its duties, it does not elaborate on the criteria or qualifications of an 'affiliate or designee.' A prudent franchisee should inquire about the standards Floyds 99 uses to ensure that any assignee is capable of fulfilling the franchisor's obligations to a satisfactory level. This helps protect the franchisee's investment and ensures the continued success of their Floyds 99 shop.