When is the balance of the Transfer Fee due for an Antioch Pizza Shop franchise?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | 75% of the then applicable initial franchise fee for buyers who are currently not one of our franchisees and 25% of the then applicable initial franchise fee for buyers who are currently one of our franchisees. | $1,000 is due when you request our approval of a transfer and the balance is due at the time of transfer | Payable if transfer any interest in the Franchise Agreement, any interest in the Antioch Pizza Shop Business or more than 25% of the ownership of the entity that is the franchisee. |
Source: Item 6 — Other Fees (FDD pages 13–17)
What This Means (2025 FDD)
According to Antioch Pizza Shop's 2025 Franchise Disclosure Document, the Transfer Fee is paid in two installments. The initial payment of $1,000 is due when the franchisee requests approval for the transfer. The remaining balance of the Transfer Fee is due at the time the transfer is completed.
The Transfer Fee itself varies depending on whether the buyer is a current Antioch Pizza Shop franchisee. For buyers who are not current franchisees, the Transfer Fee is 75% of the then-applicable initial franchise fee. For buyers who are already Antioch Pizza Shop franchisees, the Transfer Fee is 25% of the then-applicable initial franchise fee.
This fee is payable if a franchisee transfers any interest in the Franchise Agreement, any interest in the Antioch Pizza Shop Business, or more than 25% of the ownership of the entity that is the franchisee. It is important for prospective franchisees to understand these conditions, as transferring ownership or business interests will incur this fee. Franchisees should factor this into their long-term business and exit strategies.