Who is responsible for paying the transfer fee for an Amerispec Inspection Services franchise?

According to Amerispec Inspection Services's 2025 Franchise Disclosure Document, the transfer fee is payable by either you (the seller) or the buyer when you transfer 50% or more ownership of the Franchise Agreement or the Franchised Business to one owner or a group of owners in one or more transactions. The standard transfer fee is $7,000. However, the transfer fee is reduced to $3,500 if the transfer is to an owner's adult child who is at least 18 years of age. There is no transfer fee if the transfer is to a spouse of an existing owner.

This means that if you decide to sell your Amerispec Inspection Services franchise, the responsibility for paying the $7,000 transfer fee (or the reduced $3,500 fee, if applicable) is negotiable between you and the buyer. This is a point that should be discussed and agreed upon during the negotiation of the sale. It is important to note that the transfer must involve at least 50% ownership for the fee to apply.

It is common in franchising for the buyer to pay the transfer fee, as they are the ones who will be benefiting from the franchise. However, it is ultimately up to the parties involved to decide who will pay the fee. The transfer fee is due before the transfer is completed, so it is important to make sure that the fee is paid on time to avoid any delays in the transfer process.