What fee must the franchisee pay to the franchisor when transferring a C3 Wellness Spa franchise?

According to the 2024 C3 Wellness Spa Franchise Disclosure Document, the franchisee is required to pay a transfer fee to the franchisor when transferring the franchise. The exact amount of the transfer fee is not specified in the provided excerpts.

However, the FDD does outline several conditions that must be met for the transfer to be approved by C3 Wellness Spa. These conditions include the franchisor's approval of the transfer's material terms, ensuring the price and payment terms are not detrimental to the business's future operations, and requiring the transferee's employees to execute a confidentiality agreement. Additionally, the franchisee must agree to subordinate any payment obligations from the transferee to their obligations to C3 Wellness Spa, such as royalty fees and advertising contributions.

Furthermore, unless the franchisee has met specific requirements within the five years before the transfer, the transferee must upgrade the spa facility to meet C3 Wellness Spa's current standards. The transferee is also responsible for completing any required training programs. The franchisee remains liable for all obligations to the franchisor, even after the transfer.

Since the specific amount of the transfer fee is not listed in the provided documentation, prospective franchisees should inquire directly with C3 Wellness Spa about the current transfer fee and all associated costs and conditions to fully understand the financial implications of transferring a franchise.