What is the Transfer Fee for a C12 Group franchise?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
| then you do not pay or otherwise reimburse C12 for its cost of sending a representative. | |||
|---|---|---|---|
| Member Registration | Currently: CEO - $550 Key Players - $330 | Upon sign-up | Enrolls member and provides start-up kit. See Item 12 of this FDD for definitions of CEO and Key Player membership. This is amount due to C12, franchisee may charge more to the new member. |
| Transfer Fee | $6,000 | On date of transfer | Transfers of franchises ar |
Source: Item 6 — OTHER FEES (FDD pages 12–17)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, a franchisee must pay a $6,000 transfer fee. This fee is due on the date of the transfer. The FDD specifies that all transfers of C12 Group franchises are subject to the company's prior approval.
In the franchise industry, transfer fees compensate the franchisor for their time and expenses in reviewing and approving the transfer of ownership. This process includes assessing the qualifications of the proposed new franchisee and updating the franchise agreement. The transfer fee helps to cover legal and administrative costs associated with the transfer.
It is important for prospective C12 Group franchisees to understand that this fee is in addition to any other costs associated with selling their franchise, such as broker fees or legal expenses. The requirement for C12 Group's prior approval ensures that any new franchisee meets the company's standards and is capable of operating the business successfully. Franchisees should carefully review the terms and conditions of the franchise agreement regarding transfers to fully understand their obligations and the franchisor's rights.