Under what conditions is the Transfer Fee waived 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 waived under a specific condition. Typically, when transferring a Bens Soft Pretzels franchise, the franchisee is responsible for paying a transfer fee equivalent to one-half of the then-current initial franchise fee for a non-discounted first franchise, in addition to any third-party broker fees associated with the transfer.
However, the transfer fee is waived if the franchise is transferred to the franchisee's own corporation, limited liability company, or partnership. In this case, Bens Soft Pretzels will only charge for their legal expenses and related costs incurred during the transfer process, instead of the standard transfer fee.
This waiver can be a significant benefit for franchisees looking to structure their business under a corporate entity, as it reduces the financial burden associated with the transfer. It is important for prospective franchisees to understand these conditions and consider them when planning the structure and potential future transitions of their Bens Soft Pretzels franchise.