I want to know if I am still legally bound by an NDA contract that I signed with my employer when I first started the job. The NDA states that I cannot compete with the store for a 1-year uninterrupted period after termination. I quit this job 6 months ago, however, the store owner/employer just recently sold the store (which is part of a franchise) to another person. I want to know if I am still bound by this NDA since he is no longer the owner specified in the NDA contract.
Non-compete clauses are usually drafted in the sense of not harming the company, and therefore the sale of a company does not extinguish its rights (and obligations) with respect to others.
You would need to assess whether the language in your clause or contract permits a reasonable interpretation that the intent is to avoid harming the owner with whom you signed it. However, that seems unlikely.