factual

What transfer fee does the C12 Group charge for approving a franchise transfer?

C12_Group Franchise · 2025 FDD

Answer from 2025 FDD Document

eree, as applicable, executing Franchisor's then-current form of franchise agreement, which may contain terms materially different than the Franchise Agreement. Franchisor may condition its consent to any transfer based on the evaluation of successor or transferee qualifications, business plan viability (including recognition of Franchise purchase terms), the transferee's successful completion of New Chair Training and payment of a $6,000 transfer fee. In addition, if the transferee acquiring the entire Franchised Business is not an existing C12 franchisee, they must pay Franchisor a training fee. The transfer is deemed approved only after the transferee has been deemed qualified to serve by Franchisor in its sole discretion, the transfer fee of $6,000 has been paid to Franchisor, all outstanding amounts owed by Franchisee to Franchisor have been paid in full, Franchisee (and its owners, if applicable) has executed a general re

Source: Item 22 — CONTRACTS (FDD page 46)

What This Means (2025 FDD)

According to the 2025 C12 Group Franchise Disclosure Document, C12 Group requires a $6,000 transfer fee to approve the sale or transfer of a franchise. This fee is one of the conditions that must be met before the transfer is approved.

Specifically, the transfer fee must be paid to C12 Group before the transfer can be finalized. Additionally, the potential transferee must be deemed qualified by C12 Group, and any outstanding amounts owed by the current franchisee must be paid. If more than 50% of the franchise business is being transferred, a new franchise agreement must be signed with the transferee.

Furthermore, if the transferee is not an existing C12 Group franchisee, they will also be required to pay a training fee. These stipulations ensure that the new franchisee is adequately trained and financially prepared to take over the C12 Group franchise, maintaining the standards and reputation of the C12 Group system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.