How many representatives of the transferee are covered by the Bambu transfer fee for training?
Bambu Franchise · 2025 FDDAnswer 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.
The Transfer Fee is payable when Franchisee presents the written offer from the proposed transferee to Bambu.
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. If the transferee wishes to have more than three representatives trained, Bambu reserves the right to charge its then-current rate for training any additional representatives.
This means that when a Bambu franchise is transferred to a new owner, the standard transfer fee includes the cost of training for a limited number of people. This is a common practice in franchising, as it ensures that the new management team is properly trained in the Bambu system.
For a prospective franchisee, this is an important consideration when planning a transfer. If the new owner intends to have more than three people involved in the daily operation of the Bambu store, they should factor in the additional training costs. It would be prudent to discuss these potential costs with Bambu during the transfer process to avoid unexpected expenses.
It is also important to note that the transfer fee is payable when the franchisee presents the written offer from the proposed transferee to Bambu. This means the fee is due early in the transfer process, regardless of whether the transfer is ultimately approved.