Are there any limitations on transfer fees collectable by Bonchon in Washington?

According to Bonchon's 2025 Franchise Disclosure Document, transfer fees are collectable in Washington, but they are limited. Bonchon can only collect transfer fees to the extent that they reflect the reasonable estimated or actual costs Bonchon incurs while processing the transfer.

This means that Bonchon cannot charge an arbitrarily high transfer fee. The fee must be tied to Bonchon's actual expenses, such as reviewing the application, training the new franchisee, and covering legal and accounting fees. This provision protects franchisees in Washington from excessive or unfair transfer fees.

For a standard transfer, Bonchon charges a $15,000 transfer fee, but this amount can be higher if Bonchon's costs and expenses associated with the application for transfer exceed that amount. However, no transfer fee is charged if the assignee is a member of the franchisee's immediate family.