When is the Caring Transitions transfer fee due?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee – Note 1 | The greater of either $15,000 or 10% of the purchase price, plus legal and administrative costs | Prior to consummation of transfer | Payable when you sell your franchise to, among other things, cover the expenses of training the franchise purchaser; no transfer fee is payable for transfers to a company you form for the convenience of ownership |
| Lead Referral Fee | $10,000 | Upon a transfer of your franchise to a buyer who was already listed in our sales database at the time you and the buyer began discussing a sale | Intended to partially reimburse us for our costs in developing leads who then purchase from existing franchise owners |
Source: Item 6 — OTHER FEES (FDD pages 13–16)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the transfer fee is due prior to the consummation of the transfer. The fee is the greater of $15,000 or 10% of the purchase price, plus legal and administrative costs. This fee covers the expenses of training the franchise purchaser.
Notably, the FDD specifies that no transfer fee is payable for transfers to a company you form for the convenience of ownership. This means if you initially sign the franchise agreement individually and then transfer it to a business entity you create, you will not be charged a transfer fee.
It is important to note that there is also a Lead Referral Fee of $10,000 due upon a transfer of your franchise to a buyer who was already listed in Caring Transitions' sales database at the time you and the buyer began discussing a sale. This fee is intended to partially reimburse Caring Transitions for their costs in developing leads who then purchase from existing franchise owners.