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Can Bambu charge the franchisee its then current rate for training if more than three representatives of the transferee require training?

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 then-current rate for training any additional representatives of the transferee.

This means that if a franchisee sells their Bambu location and the new owner (transferee) needs more than three people trained, the franchisee or transferee will have to pay an additional training fee. The exact amount of this fee is not specified in this document but will be Bambu's current rate at the time of training.

For a prospective franchisee, this highlights a potential cost when transferring ownership. It would be prudent to discuss the current training rates for additional representatives with Bambu to fully understand potential expenses during a transfer. This ensures that both the franchisee and the potential transferee are aware of all costs associated with the transfer process.

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.