What is the initial deposit required when applying to transfer a Beverly Anns Cookie franchise?
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, a franchisee seeking to transfer their franchise must pay a transfer fee. Part of this fee includes a non-refundable deposit of $1,000 at the time of the transfer application request. The remaining balance of the transfer fee is due at or before the completion of the approved transfer.
The total transfer fee varies depending on whether the transferee is an existing Beverly Anns Cookie franchisee. If the transferee is already a franchisee, the transfer fee is $7,500. However, if the transferee is not a current franchisee, the fee is $10,000, plus an additional $1,000 for each piece of Additional Equipment being transferred.
In addition to the transfer fee, if the transferee is a lead provided by Beverly Anns Cookie or was referred to the franchisee by Beverly Anns Cookie, the franchisee must also pay Beverly Anns Cookie an additional $15,000. This highlights the importance of understanding all potential costs associated with transferring a franchise and the circumstances that can affect these costs.