factual

What is the Transfer Fee for a Beauty Bungalows franchise?

Beauty_Bungalows Franchise · 2025 FDD

Answer from 2025 FDD Document

r custom technology for use in |

Type of Fee Amount Due Date Remarks
your Business. We may add or delete services included in the Technology Fee and raise or lower the Technology Fee upon 30 days' written notice to you.
Additional or Replacement Training Fee (Note 4) $500 per person per day for any additional trainees that you require to attend initial training in a different session Prior to attending training We provide training for up to three (3) people per Beauty Bungalows Franchise as part of your initial Franchise Fee (or Development Fee, if applicable). While the training is primarily done online, if you request and we agree to do the training in person, you are responsible for your travel and living expenses while training. If you elect to have more than three (3) people attend initial training, we may charge you the additional training fee per trainee, per day for the additional training sessions. You must have our prior written approval.
Special Support Fee (Note 5) $500 per day for each representative plus our reasonable travel and living expenses. On demand Due if we (or a third party) provide in person support to you in response to your request, we may charge this fee plus any out-of-pocket expenses (such as travel, lodging, and meals for employees providing onsite support).
Site Selection Support Fee $500 per representative per day if you request, and we agree to provide, site selection assistance. On demand If you request our on-site assistance or support in evaluating a site to lease or purchase for your Beauty Bungalows Franchise, we may charge you a Site Selection Support Fee. We are under no obligation to provide on-site support or assistance for your site selection efforts.
Transfer Fee (Franchise Agreement) (Note 6) $5,000 plus any broker fees associated with the transfer or sale, per location. Prior to acceptance of transfer. You must pay us a $1,000 non refundable deposit due at the time of application. The remaining balance is due at the time of approval of the transfer. Payable before you sell your franchise.
Type of Fee Amount Due Date Remarks
----------------------- -------------------------------------------------- ------------------------------------------ ----------------------------------------------------------------------------------
Transfer Fee $5,000 plus any Prior to acceptance of This fee is payable for each
location
(Development broker fees associated transfer. You must for which a franchise agreement has
Agreement) with the transfer or pay us a $1,000 non been signed under the ADA.
(Note
6) sale. refundable deposit
due at the time of
application. The
remaining balance is
due at the time of
approval of the
transfer.
Audit Our actual cost On demand We pay all audit costs unless the audit
shows an understatement of at least
2% of Gross Revenue for any month.
Also payable for failure to submit
required reports.
Late Payments and $100 per day plus On demand We may charge a late fee if you fail to
Interest interest on the unpaid make a required payment when due.
amount at a rate equal The $100 per day late fee will not
to 18% per year (or, if exceed $500 in any given calendar
such payment exceeds month.
the maximum allowed
by law, then interest
at the highest rate
allowed by law)
Franchise Renewal 15% of our then Upon expiration of Instead of paying the initial franchise
Fee current initial the initial franchise fee, upon renewal of your franchise
franchise fee or agreement agreement you will pay the reduced
$7,500, whichever is renewal fee
greater.
National $500 per attendee As incurred If we conduct an annual conference of
Conference Fee franchisees, you must send at least one
(1) representative from your Beauty
Bungalows
Franchise
to
the
conference.
We
may
charge
the
National Conference Fee regardless of
whether or not you actually attend.
Non-compliance $500 On demand We may charge you $500 if your
Fee business is not in compliance with our
system specifications or the franchise
agreement and you fail to correct the
non-compliance after 30 days' notice.

Source: Item 6 — OTHER FEES (FDD pages 11–15)

What This Means (2025 FDD)

According to Beauty Bungalows's 2025 Franchise Disclosure Document, a franchisee must pay a transfer fee under certain conditions when transferring their franchise. The standard transfer fee is $5,000 plus any broker fees associated with the transfer or sale, per location. This fee is payable prior to the acceptance of the transfer.

The Beauty Bungalows franchisee must also pay a $1,000 non-refundable deposit at the time of application for the transfer. The remaining balance of $4,000 plus any applicable broker fees is due at the time of approval of the transfer.

However, the FDD notes that no transfer fee is required if the Beauty Bungalows franchise is transferred to a corporation in which the franchisee is the majority stockholder, or if the franchise is transferred to the franchisee's child, parent, sibling, or spouse. This provides some flexibility for franchisees in terms of succession planning or restructuring their business ownership without incurring additional fees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
All Beauty_Bungalows 2025 FAQs Ask FDD Ninja