Must the assignee of a Buns On Fire franchise complete the Franchisor's training program?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
- (viii.) Assignee, transferee, or purchaser shall, prior to any such assignment, pay to Franchisor a non-refundable transfer fee equal to fifty percent (50%) of the then-current Initial Franchise Fee to reimburse Franchisor for its legal and accounting fees, credit investigation, training expenses, and other charges and expenses in connection with such assignment, transfer or sale; and
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, an assignee, transferee, or purchaser of a Buns On Fire franchise must pay a non-refundable transfer fee before the assignment can be completed. This fee is equal to fifty percent (50%) of the then-current Initial Franchise Fee. This fee is intended to reimburse Buns On Fire for costs related to the transfer, including legal and accounting fees, credit investigation, training expenses, and other associated charges.
This indicates that training may be required for the assignee, as the transfer fee is intended to cover training expenses. However, the FDD does not explicitly state that the assignee must complete the training program. It only states that the transfer fee covers training expenses.
Therefore, a prospective franchisee should clarify with Buns On Fire whether the assignee is required to complete the training program, or if the training is optional. They should also inquire about the content and duration of the training program, and what other expenses the transfer fee covers.