What transfer fee does Brueggers Bagels charge for an approved assignment or transfer of ownership by the Licensee?

According to Brueggers Bagels's 2025 Franchise Disclosure Document, a transferor is required to pay a transfer fee in the event of an approved assignment or transfer of ownership. The transfer fee is equal to 50% of the initial franchise fee that Brueggers Bagels is charging for new Bakery franchises at the time of the transfer.

This fee covers Brueggers Bagels's administrative costs and efforts in reviewing and approving the transfer. It also ensures that the new franchisee meets the brand's standards and is properly trained. The fee is calculated based on the current initial franchise fee, which means the cost can fluctuate over time.

In addition to the transfer fee, there are other conditions that must be met for the transfer to be approved. These include satisfying all outstanding obligations to Brueggers Bagels and its affiliates, not being in default of any agreements, and executing a general release of claims against Brueggers Bagels. The transferee must also meet Brueggers Bagels's standards for education, management, business acumen, moral character, credit rating, and financial resources. If the transferee is an existing Brueggers Bagels developer or franchisee, they must not be in default under their existing agreements and must have a good record of customer service and compliance.

Prospective franchisees should consider the transfer fee and other transfer requirements as part of their long-term business plan. It's important to understand the potential costs and conditions associated with selling the franchise in the future. Franchisees should also stay informed about any changes to the initial franchise fee, as this will directly impact the transfer fee amount.