What is the amount of the transfer fee for a Big Apple Bagels franchise?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
(2) Franchisee shall pay to Franchisor prior to transferee attending the required training program a transfer fee of Five Thousand Dollars ($5,000.00), which is not refundable in whole or in part under any circumstances;
(12) if the transferee, prior to his or her initial contact with Franchisee, had contact with Franchisor with respect to a franchise opportunity, Franchisee shall pay Franchisor, in addition to the transfer fee described in Paragraph 14.b.ii.(2) above, a sum equal to ten percent (10%) of the gross sales price relating to the transaction between Franchisee and transferee, but in no event shall such sum be greater than Franchisor's then-current initial Franchise Fee;
(14) the transferee must submit a Store Opening Marketing Fee in the amount of One Thousand Dollars ($1,000), to conduct a "re-Grand Opening," to be expended in the same manner as the Store Opening Marketing Fee described in the Paragraph 3.f. above, except that references to the date the BAGELS Store opens shall be replaced with the date the transferee re-opens the BAGELS Store; and
Source: Item 22 — CONTRACTS (FDD pages 86–87)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, a franchisee must pay a transfer fee of $5,000 to Big Apple Bagels before the transferee attends the required training program. This fee is non-refundable, regardless of the circumstances.
In addition to the transfer fee, if the transferee had prior contact with Big Apple Bagels regarding a franchise opportunity before contacting the franchisee, the franchisee must pay Big Apple Bagels an additional sum. This sum is equal to ten percent of the gross sales price between the franchisee and transferee, but it will not exceed the then-current initial franchise fee.
Furthermore, the transferee is also responsible for submitting a Store Opening Marketing Fee of $1,000 to conduct a "re-Grand Opening." This fee will be spent in the same manner as the initial Store Opening Marketing Fee, with adjustments made to reflect the transferee's reopening date. These fees and conditions ensure that Big Apple Bagels maintains control over who becomes a franchisee and that the transfer process meets their standards.