What is the transfer fee required by Beyond Juicery Eatery for the transfer of an Area Development Agreement?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Area Development Agreement | Summary |
|---|---|---|
| l. Franchisor's approval of transfer by franchisee | Section 8 | You may not transfer your interest in any of the items listed in (k) above without our prior written consent. |
| m. Conditions for franchisor approval of transfer | Section 8 | No event of Default; you must pay all money owed to us under the Area Development Agreement; you must provide us with at least 90 days prior written notice; Developer and each Principal execute a general release; Developer and each Principal remain liable for the performance of the transferee; Transferee must assume all of your obligations, make all required representations and warranties, execute any and all documents required by us; Transferee and all transferee owners must satisfy our standards for new Developers; Transferee execute the then current form of Area Development Agreement and all other doc |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 50–56)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, a franchisee seeking to transfer their Area Development Agreement must pay a transfer fee of $10,000. This fee is one of several conditions that must be met for Beyond Juicery Eatery to approve the transfer.
Beyond Juicery Eatery requires that no event of default has occurred under the Area Development Agreement. The franchisee must also be current on all payments owed to Beyond Juicery Eatery. Additionally, Beyond Juicery Eatery requires at least 90 days prior written notice before the transfer. The developer and each principal must execute a general release, and remain liable for the performance of the transferee.
The transferee must assume all of the franchisee's obligations, make all required representations and warranties, and execute all documents required by Beyond Juicery Eatery. The transferee and all transferee owners must meet Beyond Juicery Eatery's standards for new developers. The transferee must also execute the then-current form of Area Development Agreement and ensure that the transferee, their representative, and operator satisfy all training obligations.
These conditions and the transfer fee are typical in franchising, as they protect Beyond Juicery Eatery's interests by ensuring that any new developer meets their standards and is fully committed to the brand. Prospective franchisees should carefully consider these requirements and the associated costs when evaluating the Area Development Agreement.