What is the transfer fee for a Big Apple Bagels franchise, and is it refundable?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
t. All of the following conditions must be met prior to or concurrently with the effective date of the transfer (unless otherwise specified):
- (1) the assignee, transferee or purchaser shall have been approved by Franchisor for financial responsibility, good moral character and suitability as an operator of a BAGELS Store;
- (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;
- (3) the assignee, transferee or purchaser shall not be engaged in any activity which would be prohibited by Paragraph 9.f. of this Agreement;
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 when transferring their franchise. This fee must be paid before the transferee attends the required training program.
It is important to note that this $5,000 transfer fee is not refundable under any circumstances. This means that even if the transfer does not go through for any reason, the franchisee will not receive this money back from Big Apple Bagels.
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 also pay Big Apple Bagels a sum equal to 10% of the gross sales price of the transaction, though this sum will not exceed the then-current initial franchise fee. Franchisees should carefully consider these costs when planning to transfer their Big Apple Bagels franchise.