For a Bevaris Alliance franchise transfer, what triggers the payment of the first 50% of the transfer fee?

Based on the 2024 Bevaris Alliance Franchise Disclosure Document, the franchisee is required to pay a Transfer Fee to the franchisor. The FDD does not specify when the transfer fee is due, or when the first 50% of the transfer fee is due.

Because the FDD does not specify when the transfer fee is due, it is important for a prospective franchisee to speak with the franchisor to understand the timing of the transfer fee payment. Understanding the payment schedule will allow the franchisee to plan for this expense.

It is also important to understand if there are any conditions that must be met before the transfer can be completed. Understanding the conditions will allow the franchisee to ensure they are met in a timely manner.