What conditions must a Focalpoint Coaching franchisee meet to obtain franchisor approval for a transfer?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| PROVISION | SECTION IN | SUMMARY | |
|---|---|---|---|
| FRANCHISE | |||
| OR OTHER | |||
| AGREEMENT | |||
| k. “Transfer” by | Section 12.B | Includes transfer of Franchise Agreement, the | |
| franchisee – defined | |||
| of Franchise | Franchised Business (or its profits, loses or | ||
| Agreement | capital appreciation) sale of Franchised | ||
| Business’ assets, and ownership change in you | |||
| or your owners. | |||
| l. Franchisor approval | Section 12.C | No transfer without our prior written consent. No transfer without our prior written consent. | |
| of transfer by | of Franchise | ||
| franchisee | Agreement | ||
| m. Conditions for | m. Conditions for | Section 12.C | New franchise owner qualifies; you pay us, our |
| franchisor approval | |||
| of transfer | |||
| franchisor approval | of Franchise | affiliates, and third party vendors all amounts | |
| of transfer | Agreement | due and submit all required reports; no default | |
| during 60-day period before transfer request or | |||
| during period between request and transfer’s | |||
| proposed effective date; new franchise owner | |||
| (and its owners and affiliates) are not in a | |||
| competitive business (unless we provide prior | |||
| written consent in our sole discretion); training | |||
| completed; if the Office is in a non-residential | |||
| location, your landlord allows the transfer or | |||
| sublease of your lease; you or transferee signs | |||
| our then current Franchise Agreement and other | |||
| documents; transfer fee paid; you sign release (if | |||
| law allows); we approve material terms; you | |||
| subordinate amounts due to you; you deidentify; | |||
| and you correct existing Franchised Business | |||
| deficiencies of which we notify you on punchlist | |||
| (also see (r) below). |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 43–48)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, a franchisee needs to meet several conditions to get franchisor approval for a transfer. These conditions ensure that the new owner is qualified and that Focalpoint Coaching's interests are protected.
The new franchise owner must meet Focalpoint Coaching's qualifications. The franchisee must pay all outstanding amounts owed to Focalpoint Coaching, its affiliates, and third-party vendors, and submit all required reports. There must be no default during the 60-day period before the transfer request or during the period between the request and the transfer's proposed effective date. The new franchise owner (and their owners and affiliates) cannot be in a competitive business unless Focalpoint Coaching provides prior written consent.
Additional conditions include completing training, securing landlord approval for the transfer or sublease if the office is in a non-residential location, and signing Focalpoint Coaching's then-current Franchise Agreement and other required documents. The franchisee must also pay a transfer fee, sign a release (if law allows), and ensure Focalpoint Coaching approves the material terms of the transfer. The franchisee must subordinate any amounts due to them, de-identify the business, and correct any existing deficiencies in the franchised business that Focalpoint Coaching has notified them of on a punch list.