Where can the amount of the Intercreditor Agreement Transfer Fee for a Burger King franchise be found?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
| Term duration (Section 1): | ____, 20 (the “Commencement Date”) to , 20 (the “Expiration Date”) | |
|---|---|---|
| Initial Franchise Fee (Section 2): | $50,000 $ | |
| Royalty (Section 9.A.): | 4.5% of monthly Gross Sales See _______ Addendum | |
| Advertising Contribution (Section 9.B.(i)): | 4.5% of monthly Gross Sales See _______ Addendum | |
| Operating Partner (Section 3): | ||
| Intercreditor Agreement Transfer Fee (Section | $2,000 | |
| 15.B.): |
Source: Item 23 — RECEIPTS (FDD pages 127–995)
What This Means (2025 FDD)
According to Burger King's 2025 Franchise Disclosure Document, the Intercreditor Agreement Transfer Fee can be found on the Key Contract Data page. Specifically, the table presented in Item 23 lists the Intercreditor Agreement Transfer Fee (Section 15.B.) as $2,000.
This fee covers the costs and expenses Burger King incurs to facilitate the execution of the intercreditor agreement. It's important to note that this fee is in addition to any other transfer fees that may be referenced in the franchise agreement.
Prospective Burger King franchisees should be aware of this fee, as it is a specific cost associated with securing financing and encumbering the franchise agreement. Understanding all transfer-related fees is crucial for budgeting and financial planning when considering a Burger King franchise.