What is the Coffee News transfer fee?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | $2,900.00 | The fee is due by the transfer closing date. | paid to Coffee News College when due |
Source: Item 6 — Other Fees (FDD pages 10–12)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the transfer fee is $2,900. This fee is due by the transfer closing date and is paid to Coffee News College.
Transfer fees are common in franchising and cover the franchisor's costs of reviewing and approving the transfer of a franchise to a new owner. These costs can include legal and administrative work, as well as training the new franchisee. The $2,900 transfer fee for Coffee News appears to be within the typical range for franchise systems.
Prospective franchisees should factor this fee into their financial planning if they anticipate selling their Coffee News franchise in the future. It is important to note that this fee is non-refundable, regardless of whether the transfer is ultimately completed. Franchisees should also inquire about any other potential costs associated with transferring a franchise, such as legal fees or broker commissions.