When is the sales consultant fee due for an Annex Brands franchise transfer?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Fee for required refresher courses or optional training programs (10) | Currently, not to exceed $300 per day | Before or at the time training is provided | Payable to us |
| Sales consultant fee | $12,000 to $36,000 | On or before the closing date of the transfer | If you use the services of any of our sales consultants (including outside agencies and brokers) to complete the transfer of your retail center, then, on or before transfer, you or the transferee must reimburse us an amount equal to any commission or other sales compensation that we must pay to the consultant(s). |
Source: Item 6 — OTHER FEES (FDD pages 24–32)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, if a franchisee uses the services of Annex Brands' sales consultants to complete the transfer of their retail center, the sales consultant fee is due on or before the closing date of the transfer. The fee ranges from $12,000 to $36,000. This fee is used to reimburse Annex Brands for any commission or other sales compensation that they must pay to the consultant(s).
This means that if a franchisee decides to sell their existing Annex Brands location and utilizes Annex Brands' sales consultants to facilitate the sale, they or the buyer (transferee) must pay this fee at the time the transfer is finalized. The amount of the fee depends on the commission or compensation Annex Brands owes to the sales consultant involved in the transaction.
Franchisees should factor this potential cost into their financial planning when considering a franchise transfer. It is important to clarify with Annex Brands the exact amount of the sales consultant fee before engaging their services to avoid any surprises during the transfer process. Franchisees may also want to explore alternative options for selling their franchise, such as using an independent broker, to potentially reduce costs.