When is the Transfer Fee due for a Canine Dimensions franchise?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | $10,000, plus our reasonable attorneys' fees related to such transfer | At the time of transfer | Applicable only if you choose to transfer your Franchise Agreement. We will not charge a fee for a one-time transfer to a corporate entity formed by you for the convenience of ownership. |
Source: Item 6 — OTHER FEES (FDD pages 10–13)
What This Means (2025 FDD)
According to Canine Dimensions's 2025 Franchise Disclosure Document, the Transfer Fee is due at the time of transfer. The standard transfer fee is $10,000, in addition to reasonable attorney's fees related to the transfer.
This fee is only applicable if a franchisee chooses to transfer their Franchise Agreement to another party. However, Canine Dimensions will not charge a fee for a one-time transfer to a corporate entity formed by the franchisee for ownership convenience.
Transfer fees are common in franchising to cover the franchisor's costs of reviewing and approving the transfer, ensuring the new franchisee meets their standards, and updating legal documents. The fee amount can vary widely among franchise systems.