When must the assignee of a Buns On Fire franchise complete the 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)
The 2025 Buns On Fire Franchise Disclosure Document does not explicitly state when an assignee, transferee, or purchaser of a franchise must complete the initial training program. However, it does state that the assignee must pay a transfer fee to cover training expenses.
Item 20.4(i) indicates that the assignee must pay a non-refundable transfer fee equal to 50% of the then-current Initial Franchise Fee. This fee is intended to reimburse Buns On Fire for costs associated with the transfer, including training expenses. This implies that the assignee may be required to undergo training, but the FDD does not specify the timing or conditions for this training.
To fully understand the requirements for an assignee, transferee, or purchaser, a prospective franchisee should ask Buns On Fire about the specific training requirements for assignees, including when the training must be completed, the content of the training, and whether there are any exceptions or waivers.