When is the transfer fee due for a Bw Premier Collection Distribution Agreement?

According to Bw Premier Collection's 2025 Franchise Disclosure Document, the transfer fee for assigning or transferring the Distribution Agreement is $10,000. This fee is due and payable upon receipt of a statement. This means that a franchisee looking to sell or transfer their Bw Premier Collection franchise will need to be prepared to pay this fee at the time they receive the invoice or statement for it.

Transfer fees are common in franchising and are intended to cover the franchisor's costs associated with reviewing and approving the transfer, including legal and administrative work. The fee ensures that Bw Premier Collection can properly vet the new franchisee and ensure they meet the brand's standards.

Prospective franchisees should factor this transfer fee into their long-term financial planning. If they anticipate selling their Bw Premier Collection franchise in the future, they should be aware of this cost and how it will impact their return on investment. Understanding the timing of the fee payment is also crucial for managing cash flow during the transfer process.