When is the Transfer Evaluation Fee due for an Aplus franchise transfer?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Evaluation Fee | $1,000 | When billed | We have the right to charge this fee to cover our costs for evaluating the proposed transfer. |
Source: Item 6 — OTHER FEES (FDD pages 16–28)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the Transfer Evaluation Fee is due when billed. The fee is $1,000, and Aplus has the right to charge this fee to cover their costs for evaluating the proposed transfer.
This means that if a franchisee is considering selling or transferring their Aplus franchise to another party, Aplus will assess a $1,000 fee to cover the expenses associated with reviewing the potential transfer. This evaluation likely includes assessing the qualifications of the proposed transferee and ensuring they meet Aplus's standards.
As the fee is due 'when billed,' franchisees should be prepared to pay this amount promptly upon receiving an invoice from Aplus. This fee is separate from any other transfer fees that may be applicable, such as the standard Transfer Fee of $15,000 or the Transfer Fee for convenience of $1,500, both of which are due when the franchisee submits their request for transfer.