When is the Transfer Fee due for a Bens Soft Pretzels franchise?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | One-half of the then current initial franchise fee for a non-discounted first franchise; as well as any third-party broker fees that are due in connection with the proposed transfer. | At time of transfer. | If you transfer your franchise to your corporation or limited liability company or partnership, we charge for our legal expenses and related costs, but no transfer fee is due. |
Source: Item 6 — OTHER FEES (FDD pages 12–16)
What This Means (2025 FDD)
According to Bens Soft Pretzels's 2025 Franchise Disclosure Document, the Transfer Fee is due at the time of transfer. The amount of the transfer fee is one-half of the then-current initial franchise fee for a non-discounted first franchise. In addition to this fee, the franchisee must also pay any third-party broker fees that are due in connection with the proposed transfer.
However, there is an exception to the transfer fee. If a franchisee transfers their Bens Soft Pretzels franchise to their corporation, limited liability company, or partnership, Bens Soft Pretzels will only charge for their legal expenses and related costs, and no transfer fee will be due.
It is important for prospective franchisees to understand all the costs associated with transferring a Bens Soft Pretzels franchise, including the transfer fee, broker fees, and legal expenses. Franchisees should carefully review the franchise agreement and consult with an attorney or financial advisor before making any decisions about transferring their franchise.