What is the Transfer Fee – Franchise Agreement for a Central Bark Doggy Day Care franchise?
Central_Bark_Doggy_Day_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Fees You Will Pay Us | |||
| Transfer Fee – Franchise Agreement | $15,000 | Upon approval of assignment | Payable only if you or your owners engage in a “transfer” as defined in the Franchise Agreement. |
Source: Item 6 — OTHER FEES1 (FDD pages 13–16)
What This Means (2025 FDD)
According to Central Bark Doggy Day Care's 2025 Franchise Disclosure Document, the Transfer Fee for the Franchise Agreement is $15,000. This fee is payable upon approval of the assignment, and it is only required if the franchisee or their owners engage in a "transfer" as defined in the Franchise Agreement.
This means that if a Central Bark Doggy Day Care franchisee decides to sell their franchise to a new owner, they will need to get approval from Central Bark Doggy Day Care and pay this $15,000 transfer fee. This fee likely covers Central Bark Doggy Day Care's costs associated with reviewing and approving the transfer, as well as updating their records to reflect the new ownership.
Transfer fees are a common practice in franchising, as franchisors want to ensure that any new owners meet their standards and are capable of running the business successfully. The fee amount can vary widely across different franchise systems, but $15,000 is within the typical range for a franchise transfer fee. Prospective franchisees should factor this potential cost into their financial planning, especially if they anticipate selling their franchise in the future.