factual

What is the amount of the Transfer Fee for a Bee Organized franchise?

Bee_Organized Franchise · 2025 FDD

Answer from 2025 FDD Document

nterests, or redemption of ownership interests; (d) a sale or exchange of voting interests or securities convertible to voting interests, or an agreement granting the right to exercise or control the exercise of the voting rights of any holder of ownership inter

Source: Item 23 — RECEIPTS (FDD pages 54–218)

What This Means (2025 FDD)

According to Bee Organized's 2025 Franchise Disclosure Document, a franchisee must pay a $15,000 transfer fee to the franchisor when transferring their franchise. This fee is a fixed sum. The FDD also defines what constitutes a "transfer," which includes assignments, sales, gifts, pledges, subfranchises, or the granting of security interests. It also encompasses mergers, consolidations, exchanges of shares, issuance of additional ownership interests, or redemption of ownership interests.

For a prospective Bee Organized franchisee, this means that if they decide to sell their franchise, they will be responsible for paying this $15,000 fee. This is in addition to any other costs associated with the transfer, such as legal fees or expenses related to bringing the physical location up to the franchisor's current standards. The transferee also needs to complete any training programs in effect for Bee Organized franchisees.

It is important to note that the transfer is subject to Bee Organized's approval, and the franchisor must find the terms of the transfer acceptable. The franchisor will assess whether the price and terms of payment are detrimental to the future operations of the franchise by the transferee. The transferee must also agree to be bound by all the terms and conditions of the Franchise Agreement.

The Bee Organized franchisee, owners, and spouses must execute a General Release, releasing Bee Organized from any claims against them. The employees, directors, officers, independent contractors, and agents who will have access to confidential information must also execute a Confidentiality Agreement.

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.