What is the transfer fee for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
newal via ACH debit. |
| Name of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Soft Opening date change expenses | Will vary, may include but not limited to (Note 11) | Payable as soon as Franchisee's change to Soft Opening date results in non refundable expenses. | Payable to Franchisor when Franchisor incurs non refundable expenses due to Franchisee changing Soft Opening date. (Note 11) |
| Transfer fee | $10,000 (Note 8) | Upon completion of transfer. | Payable to the Franchisor when franchise is transferred; there is no charge if transfer is to your spouse or adult child. |
- Note 1: Except as otherwise noted, all fees are imposed uniformly by and are payable to BBF via ACH debit and are non-refundable unless otherwise specified.
Source: Item 6 — OTHER FEES (FDD pages 13–19)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the transfer fee for a franchise is $10,000. This fee is payable to Brain Balance upon the completion of the transfer. However, the FDD specifies that there is no transfer fee if the franchise is transferred to a franchisee's spouse or adult child.
The transfer fee compensates Brain Balance for the costs associated with training the new franchisee (the Transferee) and other related expenses. This suggests that the $10,000 fee covers the administrative and training efforts required to bring a new owner up to speed with the Brain Balance system.
It is important for prospective franchisees to understand the conditions under which the transfer fee applies. If a franchisee plans to sell their Brain Balance center to a third party, they should factor this $10,000 fee into their financial planning. Conversely, if the transfer is within the immediate family, this fee will not be applicable. Franchisees should consult the franchise agreement for a complete list of terms and conditions.