What is the transfer fee for a Best Brains Teacher Learning Center franchise?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
ined to exercise it;
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- The assignee or transferee has sufficient business experience, aptitude, financial resources, meets our then applicable
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, a franchisee who transfers either a Premium Learning Center or a Teacher Learning Center franchise must pay a transfer fee of $2,500 to Best Brains.
This fee is one of several conditions that must be met for Best Brains to approve the transfer. Other conditions include offering Best Brains the opportunity to exercise its right of first refusal, ensuring the transferee meets Best Brains' standards for franchisees, and ensuring all monetary obligations to Best Brains are paid.
This transfer fee covers Best Brains' costs associated with processing the transfer and ensuring the new franchisee meets their standards. It is a fairly standard practice in franchising to charge a transfer fee to cover administrative and legal costs, as well as to ensure the franchisor maintains control over who joins their system. The fee is due at the time of transfer.