What is the maximum Transfer Fee for a Body Brain Center franchise?
Body_Brain_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
OTHER FEES**
| TYPE OF FEE | AMOUNT | DUE DATE | REMARKS |
|---|---|---|---|
| Royalty Fee 1 | 10% of monthly Program Sales 2 | Payable on or th day before 6 of month for prior month's operations | None |
| Additional Training Fee 1 | Up to $150 per hour plus food, lodging an |
Source: Item 6 — OTHER FEES (FDD pages 11–14)
What This Means (2025 FDD)
According to Body Brain Center's 2025 Franchise Disclosure Document, a franchisee who transfers or sells their franchise will be charged a transfer fee. This fee is to cover Body Brain Center's costs incurred during the transfer process. The maximum amount a franchisee can be charged for this transfer fee is $3,000.
It is important to note that this transfer fee will not be charged if the franchise is transferred to an entity that the franchisee controls. However, the transferee may be required to pay Body Brain Center $10,000 for each new owner and manager that requires training.
Prospective franchisees should consider the potential costs associated with transferring their franchise in the future. Understanding the conditions under which the transfer fee is applied, and the potential training costs for new owners or managers, is crucial for financial planning.