How is the Transfer Fee for a Clear Pest Pros franchise transfer determined?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
- a. our then-current Transfer Fee, as published in our Operations Manual. The Transfer Fee is due upon our preparation of the required transfer documentation (consent to transfer and assignment agreement and/or preparation of transferee's franchise agreement), and is non-refundable at such time;
- b. all Royalties for completed jobs up through the date of closing, fees, amounts owed under any promissory notes with us, Late Payment Fees, Late Report Fees, NSF Fees, Interest Fees, and all other fees or amounts owed to us, plus interest; and
- c. Our then-current Referral Fee, all commissions, broker fees or other similar expenses if: (i) you list the Clear Pest Pros Business with a broker, lead referral network or similar entity; or (ii) the transferee is referred to you or us by a broker, lead referral network or similar entity;
Source: Item 22 — CONTRACTS (FDD pages 67–68)
What This Means (2025 FDD)
According to the 2025 Clear Pest Pros Franchise Disclosure Document, the Transfer Fee is determined by the then-current fee as published in the Clear Pest Pros Operations Manual. This fee is due upon preparation of the required transfer documentation, including the consent to transfer and assignment agreement or the preparation of the transferee's franchise agreement. Once the documentation is prepared, the Transfer Fee becomes non-refundable.
In addition to the Transfer Fee, the selling franchisee must also pay all outstanding royalties for completed jobs up to the date of closing. This includes any other fees or amounts owed to Clear Pest Pros, such as amounts owed under promissory notes, Late Payment Fees, Late Report Fees, NSF Fees, and Interest Fees, plus interest.
Furthermore, if a broker or lead referral network is involved in the transfer, either by the franchisee listing the Clear Pest Pros Business with them or by the transferee being referred through such a network, the franchisee must also pay Clear Pest Pros' then-current Referral Fee, along with any commissions, broker fees, or similar expenses. This comprehensive fee structure ensures that Clear Pest Pros is compensated for facilitating the transfer and that all outstanding obligations are settled.