In Washington, what is the condition regarding transfer fees for a Bambu franchise?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Transfer fees are collectable to the extent that they reflect the franchisor's reasonable estimated or actual costs in effecting a transfer.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, transfer fees are collectable in Washington to the extent that they reflect Bambu's reasonable estimated or actual costs in effecting a transfer. This condition is specific to franchisees operating in Washington state. This means that Bambu cannot charge an arbitrary or inflated transfer fee; the fee must be tied to the actual expenses Bambu incurs during the transfer process.
This provision protects prospective Bambu franchisees in Washington from excessive or unfair transfer fees. It ensures that the fees charged are justifiable and directly related to the costs Bambu incurs. This is a beneficial condition for franchisees as it promotes transparency and fairness in the transfer process.
It is important for prospective franchisees to understand this condition and to verify that any transfer fees charged by Bambu are indeed reasonable and reflect actual costs. Franchisees should request a detailed breakdown of the costs associated with the transfer to ensure compliance with Washington state law.