What is the Software Agreement transfer fee that the franchisee's transferee must pay to Brain Balance?

According to Brain Balance's 2025 Franchise Disclosure Document, if a franchisee transfers their franchise to a new owner, that new owner (the transferee) is responsible for paying Brain Balance a Software Agreement transfer fee. This fee is $2,500. This is in addition to other conditions that must be met for the transfer to be approved.

Other conditions for transfer include the franchisee paying a $10,000 transfer fee to Brain Balance, as well as paying any outstanding monies owed to Brain Balance under the existing agreement. The transferee must also meet Brain Balance's standards for new franchisees and demonstrate the ability to operate the business. Unless the transferee is already a Brain Balance franchisee, they must complete the initial training program at their own expense.

These transfer requirements are typical in franchising, as franchisors want to ensure that new owners are well-qualified and that all financial obligations are settled before a transfer occurs. The Software Agreement transfer fee likely covers the administrative costs and potential retraining associated with transferring the software license to a new franchisee. Prospective franchisees should consider these costs when planning for a potential sale of their Brain Balance franchise in the future.