What is the condition for Bombs Away to collect transfer fees from a franchisee in Washington?

According to Bombs Away's 2024 Franchise Disclosure Document, transfer fees are collectable from a franchisee in Washington if they reflect Bombs Away's reasonable estimated or actual costs in executing the transfer. This means that Bombs Away cannot charge arbitrary or inflated transfer fees.

For a prospective Bombs Away franchisee in Washington, this is a beneficial provision. It ensures that the transfer fees are tied to actual costs incurred by Bombs Away during the transfer process. This protects the franchisee from being overcharged and makes the transfer process more transparent and predictable.

It is important for franchisees to understand what constitutes 'reasonable estimated or actual costs.' This could include legal fees, administrative expenses, training costs for the new franchisee, and other direct costs associated with the transfer. Franchisees should request a detailed breakdown of these costs from Bombs Away to ensure they are fair and justified.