When is the Transfer Fee payable to Bambu during a franchise transfer?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Payment by Franchisee or the proposed transferee of a transfer fee ("Transfer Fee") in the amount set forth in Attachment I.
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 is payable when the franchisee presents the written offer from the proposed transferee to Bambu. This fee covers the 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 a Bambu franchisee looking to transfer their franchise must pay the transfer fee at the time they submit the written offer from the potential buyer to Bambu. This is an important consideration for franchisees as it represents an upfront cost that must be paid to initiate the transfer process. The fee covers the cost of training up to three individuals from the new ownership, which is a benefit to the new franchisee.
It is important to note that Bambu has the right to charge additional training fees for any representatives beyond the initial three. Franchisees should clarify the current training rates with Bambu to accurately budget for the transfer process. This policy is fairly standard in franchising, as it ensures the new owners are properly trained to maintain the brand's standards.