What is the required form of consideration for any transfer of shares in a Bevaris Alliance franchise?

The 2024 Bevaris Alliance Franchise Disclosure Document defines a Transfer Fee as 50% of the then-current initial franchise fee. This fee is associated with the transfer of a franchise.

While the FDD defines the transfer fee, it does not specify the required form of consideration for any transfer of shares in a Bevaris Alliance franchise. The document provides definitions for terms like "Transfer Fee" and "Transfer Notice," but it does not detail the specific monetary or non-monetary considerations required when transferring shares.

A prospective Bevaris Alliance franchisee should seek clarification from the franchisor regarding the specific forms of consideration acceptable during the transfer of shares. Understanding whether the franchisor accepts cash, securities, or other forms of payment is crucial for planning purposes.