What is the administrative fee for a Bft franchise transfer from an individual franchisee to an entity wholly owned by that individual?

According to Bft's 2025 Franchise Disclosure Document, the administrative fee for transferring a franchise from an individual franchisee to an entity wholly owned by that individual is $750. This fee is applicable at the time the franchisee proposes the transfer or assignment.

This administrative fee is notably lower than the sourcing fee of $30,000 that a proposed transferee must pay to Bft if a franchise broker is owed a commission in connection with the purchase of the franchisee's studio. The reduced fee for transfers to a wholly-owned entity suggests that Bft aims to facilitate internal restructuring without imposing a significant financial burden on its franchisees.

It is important to note that this administrative fee is in place of the standard transfer fee. Additionally, the FDD specifies a different administrative fee of $1,500 if the transfer is to an immediate family member. Franchisees should carefully consider these distinctions when planning a transfer to ensure they understand the applicable fees.

In addition to the administrative fee, the transfer is contingent upon several other conditions, including signing a general release, executing a consent to transfer, upgrading the studio if necessary, completing required training programs, settling all outstanding debts, and ensuring there are no defaults on any agreements. Meeting all these conditions is essential for the transfer to be approved by Bft.