When is the Fee for Assignment to Entity payable to Best Brains?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Fee for Assignment to Entity | Actual costs incurred | As incurred | You shall pay our legal and other expenses incurred if you assign the franchise agreement to an entity. FA Sec. 9(C)(5). |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the Fee for Assignment to Entity is payable 'as incurred.' This means that the franchisee is responsible for paying this fee at the time Best Brains incurs the legal and other expenses associated with the assignment of the franchise agreement to an entity.
In practical terms, if a Best Brains franchisee decides to assign their franchise agreement to a corporation, LLC, or other business entity, they will be required to cover Best Brains' costs during the assignment process. These costs are not a fixed amount but rather the actual expenses incurred by Best Brains.
Prospective franchisees should be aware that these costs can vary depending on the complexity of the assignment and the legal fees involved. It would be prudent for a potential Best Brains franchisee to discuss with Best Brains what typical costs have been for past assignments to get an idea of the potential financial impact.