factual

Can Bambu charge additional fees for training more than three representatives of the transferee during a Bambu franchise transfer?

Bambu Franchise · 2025 FDD

Answer from 2025 FDD Document

The Transfer Fee covers the training for up to three representatives of transferee.

Bambu reserves the right to charge Franchisee its then current rate for training any additional representatives of transferee.

Source: Item 23 — Receipts (FDD pages 52–209)

What This Means (2025 FDD)

According to Bambu's 2025 Franchise Disclosure Document, the transfer fee covers training for up to three representatives of the transferee. Bambu retains the right to charge its current rate for training any additional representatives beyond the initial three.

This means that if a franchisee sells their Bambu franchise, the new owner (transferee) is entitled to have three people trained as part of the transfer fee. However, if the new owner wants more than three people trained, Bambu can charge an additional training fee. This fee would be based on Bambu's then-current training rates.

For a prospective franchisee, this is an important consideration when planning for a potential sale of the franchise. It highlights the need to factor in potential training costs for more than three representatives if the transferee requires it. Understanding these costs upfront can help in negotiating the terms of the franchise transfer and avoid unexpected expenses.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.