What is the fixed Transfer Fee that a Beard Papas franchisee must pay to the Franchisor?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
accrue following the date of the approved Transfer;
- (10) At the transferee's expense, the transferee, and the
Source: Item 23 — RECEIPTS (FDD pages 58–275)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, a franchisee who transfers their franchise must pay a Transfer Fee to Beard Papas. This fee is a fixed sum of $15,000.
This means that if a franchisee decides to sell their Beard Papas location to another party, they will be required to pay Beard Papas $15,000 for the transfer to be approved. This fee is in addition to any other costs associated with the transfer, such as legal fees or expenses related to bringing the store up to current brand standards.
It is important for prospective franchisees to understand this fee, as it can impact the profitability of selling their franchise in the future. Franchisees should factor this cost into their financial planning and consider it when making decisions about the future of their Beard Papas business.