To whom is the Coffee News transfer fee paid?
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 the 2025 Coffee News Franchise Disclosure Document, the transfer fee is paid to Coffee News College. The fee is $2,900 and is due by the transfer closing date.
This means that if a Coffee News franchisee decides to sell their franchise to someone else, they will need to pay $2,900 to Coffee News College before the sale can be finalized. This fee likely covers the costs associated with processing the transfer, training the new franchisee, and updating the franchise agreement.
It is important for prospective franchisees to understand all the fees associated with owning a Coffee News franchise, including the transfer fee. This will help them make informed decisions about whether or not to invest in a Coffee News franchise. Franchisees should also confirm with Coffee News whether Coffee News College is an affiliate of the franchisor.