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

Based on the 2024 Bevaris Alliance Franchise Disclosure Document, the document does not specify when the second 50% of the transfer fee is due. The FDD mentions a "Transfer Fee" payable by the franchisee but does not detail the payment schedule or triggering events for installments. The transfer fee is 50% of the then-current initial franchise fee.

Without further details in the FDD, it is unclear when the second half of the transfer fee is due. Common franchise agreements often split such fees, with the first portion due upon application and the second upon final approval of the transfer. However, this is not confirmed in the provided Bevaris Alliance FDD excerpts.

A prospective Bevaris Alliance franchisee should seek clarification from the franchisor regarding the exact payment terms for the transfer fee. Specifically, they should inquire about the conditions that trigger the payment of the second 50% and whether the fee is refundable under certain circumstances.