To what extent are transfer fees collectable by Bambu?

According to Bambu's 2025 Franchise Disclosure Document, transfer fees are collectable to the extent that they reflect Bambu's reasonable estimated or actual costs in effecting a transfer. This means that Bambu can only charge a transfer fee that covers the expenses they incur during the transfer process.

Specifically, the Franchisee or the proposed transferee must pay a transfer fee, the amount of which is detailed in Attachment I of the Franchise Agreement. This 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. The transfer fee is due when the Franchisee presents a written offer from the proposed transferee to Bambu.

Furthermore, Bambu will waive any transfer fee chargeable to the Franchisee for a transfer under specific circumstances related to internal restructuring. These circumstances include transfers within a partnership or business association due to the addition or deletion of a partner or member, or the transfer of ownership among existing partners or members. It also applies to transfers from an individual Franchisee to a corporation or other entity controlled by them, subject to certain conditions such as the continuing personal guarantee of the individual(s), limitations on the entity's business activity, and other reasonable conditions.