What is the deadline for paying the remaining balance of the Beverly Anns Cookie transfer fee?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
e for each new person who must attend training).
- 16.3.7 Licenses and Permits. The transferee and its owners, to the extent necessary, have obtained all licenses and permits required by applicable law to own and operate the Franchised Business.
- 16.3.8 New Franchise Agreement. You must request that the transferee be provided with our then-current form of franchise disclosure document. You agree that we will not be liable for any representations that you or your Owners make that are inconsistent with such franchise disclosure document. The transferee and its owners sign our then-current form of franchise agreement and related
d
Source: Item 23 — RECEIPTS (FDD pages 57–235)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, if you transfer your franchise to a new owner, you must pay a transfer fee. The amount of this fee depends on whether the transferee is an existing Beverly Ann's Cookie franchisee. If the transferee is a current franchisee, the transfer fee is $7,500. If the transferee is not a current franchisee, the transfer fee is $10,000, plus an additional $1,000 for each piece of Additional Equipment transferred.
The transfer fee is paid in two parts. First, you must submit a non-refundable deposit of $1,000 at the time you submit your transfer application. The remaining balance of the transfer fee is due at or before the time you complete the approved transfer.
It is important to note that if Beverly Anns Cookie refers the transferee to you or the transferee is a lead of Beverly Anns Cookie, you must pay Beverly Anns Cookie an additional $15,000 in addition to the transfer fee.