What is the required form of payment for the transfer of the Franchisee's Business in a Bevaris Alliance franchise?

According to Bevaris Alliance's 2024 Franchise Disclosure Document, a franchisee who transfers their business is required to pay a transfer fee. This fee is equal to 50% of the then-current initial franchise fee.

For a prospective Bevaris Alliance franchisee, this means that if they decide to sell their franchise in the future, they will need to pay this transfer fee to Bevaris Alliance. The amount of the fee will depend on what the initial franchise fee is at the time of the transfer, not what the franchisee originally paid.

It is important for potential franchisees to factor this cost into their long-term financial planning. They should also inquire with the franchisor about any other conditions or requirements related to transferring ownership of the franchise.