What is the transfer fee for transferring a Best Brains Teacher Learning Center franchise?

According to Best Brains' 2025 Franchise Disclosure Document, a franchisee must pay a transfer fee of $2,500 when transferring either a Premium Learning Center or a Teacher Learning Center franchise. This fee is required as part of the transfer process, which also involves fulfilling other conditions.

In addition to the transfer fee, the franchisee must ensure that all monetary obligations to Best Brains and its affiliates are fully paid and that they are not in default under the Franchise Agreement. The assets of the franchised business must be refurbished, remodeled, or replaced to comply with the current standards. If the business operates at a leased location, the lessor's consent to the assignment of the lease to the new owner is also necessary.

Furthermore, the franchisee (and each of their owners, if the franchisee is an entity) must execute releases of all claims against Best Brains, its affiliates, and their respective officers, directors, managers, shareholders, members, employees, and agents. This indicates that the transfer process requires a comprehensive clearance of any potential liabilities or disputes between the franchisee and Best Brains.

Best Brains also maintains certain rights and conditions regarding the transfer, including the right of first refusal. This means that if a franchisee decides to sell their rights or assets, Best Brains has the option to purchase the interest themselves before it is offered to another buyer. These stipulations ensure that Best Brains retains control over who enters their franchise system and that the brand's standards are maintained even during ownership changes.