According to the Development Agreement, what is the transfer fee for an Aplus franchise?

According to Aplus's 2024 Franchise Disclosure Document, the specific transfer fee amount related to the Development Agreement is not listed in the provided excerpts. While the table in Item 22 includes a line for "TRANSFER FEE", the corresponding data field is left blank in the excerpt.

However, the document does outline certain administrative fees associated with specific, limited types of transfers. For instance, if an individual developer transfers their interest to a business entity within the first 12 months, there is a $1,500 administrative fee. Similarly, a $2,500 administrative fee applies for transfers of ownership interests among existing owners or for transferring a non-controlling interest in a business entity. These fees are tied to specific scenarios and are not the standard transfer fee for the Development Agreement.

For a comprehensive understanding of all potential transfer fees, a prospective Aplus franchisee should directly consult the complete 2024 Franchise Disclosure Document and discuss the details with the franchisor. This will ensure clarity on the costs associated with different transfer scenarios and avoid potential financial surprises.