When your agreement expires or is terminated
All operator agreements are automatically renewed unless either party terminates the agreement within the specified notice period. Your specific notice period is outlined in your agreement.
Important: As an operator, you remain fully responsible for the station and all equipment until the date your agreement formally expires.
Process when the agreement ends
Approximately one month before your agreement’s end date, you will receive an email from us with information about the final inspection and a link to a form.
The final inspection is conducted shortly before the agreement expires. The goal is to ensure that all equipment and the entire station are returned in complete, clean, and fully functional condition. You fill out the form on-site during the inspection.
If anything is missing or damaged, you as the franchisee are responsible for reimbursing Point65 for this.
What happens to the Station?
Our ambition is always to find a new operator who can continue operating the station at the same location.
If the station continues: Your main task is to ensure that the station is on-site and ready for the handover. For example, if you have a summer permit and store the station elsewhere during the winter, you are responsible for returning it to the original business location.
If the station does not continue: If the operation is discontinued at the location, you as the operator is responsible for arranging and paying for shipping to send all equipment back to our main warehouse in Stockholm.
In case of early termination (selling Your contract)
Life can bring unexpected circumstances that may make you wish to terminate your agreement early. The contract period is binding according to the agreement and cannot be shortened.
However, there is a possible way forward: You have the right to sell your contract to another person.
The sale is primarily your responsibility. We at Kayakomat can support you, but you as the seller must drive the process.
Notify us: Contact our support if you decide that you want to sell your rights. Your case will then be assigned to an Customer Success Manager who will become your contact person throughout the entire process. We will internally set a “For Sale” tag on the location in our systems.
This does not, however, replace your own sales efforts. Our tag helps us inform potential buyers, but it is still your primary responsibility to actively market and sell your rights.
It is your responsibility to market and sell your rights. This can be done by, for example, placing advertisements on platforms like Meta Marketplace or Instagram or other local plattforms for selling stuff. Feel free to put up a notice on the station itself. You can also use your own network, maybe you know someone who might be interested?
When meeting with interested parties, it is important that you:
Clearly explain the entire Kayakomat concept.
Share previous years’ income and expenses (financial statements).
Go through the terms of the operator agreement and the rental agreement.
Provide a realistic picture of what it means to run the station.
Contact Kayakomat: When you have a serious and well-informed prospect who wishes to proceed, contact your Customer Success manager or our support team and provide the prospect’s contact details.
Meeting with Kayakomat: We schedule a brief meeting with the potential new operator to get a sense of the person and confirm their understanding of the concept.
Financing: If you have a rental agreement through an external financing company, it is very important that the new operator is approved by that specific financing company to take over the agreement. This is often a critical point.
Set your own price: You as the seller decide entirely at what price you wish to sell your rights.
Transfer fee: Please note that Point65 charges a transfer fee per kayak slot at the time of a sale. The exact amount is specified in your operator agreement.
When everything is settled and all parties are in agreement, we will draw up the final transfer agreement, which all parties (seller, buyer, Point65) must sign.
Handover inspection: A handover inspection is conducted on-site before the takeover. In principle, you as the seller are responsible for handing over a complete and fully functional station. If you and the buyer agree on other terms (e.g., a price discount in exchange for the buyer covering certain repairs), that is up to you. Point65 is not responsible for any deficiencies or wear and tear not disclosed at this time.
Information to the financing company: We then send information about the change of ownership to the external financing company, if applicable.
Once everything is complete and the new operator has taken over, we will conduct an offboarding process for you as the seller.
IMPORTANT: Do not forget to personally arrange for the transfer of any external tools you have used, such as:
Local social media accounts (e.g., a Facebook and/or Instagram profile for the station).
Contacts or agreements with local partners.
Other business related materials.
Good luck with the process!
Our Customer success managers at Kayakomat is here to support you with questions about the agreements and the next steps. We have completed several successful transfers throughout the years.
