factual

What is the transfer fee required by C12 Group for 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 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 36–40)

What This Means (2025 FDD)

According to the 2025 C12 Group Franchise Disclosure Document, a franchisee must pay a $6,000 transfer fee to C12 Group to transfer their franchise. This fee is one of the conditions that C12 Group may require to approve a transfer.

In addition to the transfer fee, the potential new franchisee must meet C12 Group's qualifications and complete the New Chair Training. If the transferee is not an existing C12 Group franchisee, they must also pay a training fee. The transfer is only approved after C12 Group deems the transferee qualified, the transfer fee is paid, all outstanding amounts owed to C12 Group are paid, a general release of C12 Group is executed, and a new franchise agreement is signed if more than 50% of the franchised business is transferred.

This transfer fee covers C12 Group's costs associated with evaluating and approving the transfer, ensuring the new franchisee is adequately trained, and updating the franchise agreement. It is important for prospective franchisees to understand these costs and conditions before entering into a franchise agreement with C12 Group, as transferring a franchise involves more than just finding a buyer; it requires meeting C12 Group's requirements and covering the associated fees.

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.