Who bears the cost of the appraisers when determining the cash equivalent for a Chicken Guy franchise transfer?

According to the 2025 Chicken Guy Franchise Disclosure Document, when determining the cash equivalent of a proposed franchise transfer, the cost of the appraisers is shared equally between Chicken Guy and the franchisee.

Specifically, if the proposed transfer involves consideration other than cash or includes intangible benefits, Chicken Guy has the option to purchase the interest for a reasonable cash equivalent. If Chicken Guy and the franchisee cannot agree on this cash equivalent within 30 days, the valuation will be determined by two professionally certified appraisers, one selected by each party. If these two appraisals differ by more than 10%, a third appraiser is selected by the first two to determine the amount. The average value set by the appraisers will be considered conclusive.

This arrangement ensures that neither party bears the full financial burden of determining the fair market value during a transfer, promoting a more equitable process. Sharing the cost of the appraisers is a fairly standard practice in franchising, as it encourages both parties to participate in the valuation process responsibly.