What is the standard transfer fee for a Beef O Bradys franchise?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
If the Transfer is of your Family Sports Pub(s) or a controlling interest in you, or is one of a series of transfers which in the aggregate constitutes the Transfer of your Family Sports Pub(s) or a controlling interest in you, all of the following conditions must be met prior to or concurrently with the effective date of any Transfer:
- (e) Transfer Fee Paid. You or the transferee pay us a transfer fee equal to $20,000 (the "Transfer Fee"), ½ of which is payable prior to the transferee's Trainees beginning training.
The Transfer Fee is used to defray expenses we incur in connection with the Transfer and the costs of training up to Two Designated Operators of the Transferee (one of whom must be a managerial employee responsible for the Family Sports Pub's kitchen operations).
We may provide training to employees of the Transferee, in addition to the training that must be completed by the Two Designated Operators of the Transferee.
If we do so, you or the transferee must pay us a fee not to exceed $1,000 per person trained by us (other than the Two Designated Operators of the Transferee described above).
You or the transferee must pay all travel, wages and living expenses for the Transferee and the other trainees and employees to attend the training.
This subsection will not apply if the proposed Transfer is among your Owners, but the transferee is required to reimburse us for any administrative costs we incur in connection with the Transfer;
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to the 2025 Beef O Bradys Franchise Disclosure Document, a franchisee who transfers ownership of their Family Sports Pub must pay a transfer fee. The standard transfer fee is $20,000. Half of this fee is due before the transferee's trainees begin their training program.
The transfer fee is used by Beef O Bradys to cover expenses related to the transfer process and the costs of training up to two designated operators from the transferee's team. One of these operators must be a managerial employee responsible for the kitchen operations of the Family Sports Pub.
Beef O Bradys may also provide additional training to other employees of the transferee beyond the two designated operators. If this occurs, the franchisee or transferee will be required to pay a fee not exceeding $1,000 per additional person trained. Furthermore, the franchisee or transferee is responsible for covering all travel, wages, and living expenses for the transferee and any other trainees or employees attending the training program.
It is important to note that if the transfer occurs among existing owners, the transfer fee may be waived. However, the transferee is still responsible for reimbursing Beef O Bradys for any administrative costs incurred during the transfer process.