What is the Crave transfer fee for a Multi Unit Development Agreement?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| Fees (1) | Amount | Due Date | Remarks |
| Transfer Fee – Multi Unit Development Agreement | $5,000 | With request for approval of transfer | No fee charged for a one time transfer from individual(s) to a corporate entity formed for convenience of ownership of the franchise. |
Source: Item 6 — OTHER FEES (FDD pages 12–19)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the transfer fee for a Multi Unit Development Agreement is $5,000. This fee is due when the franchisee requests approval of the transfer.
However, there is an exception to this fee. Crave will not charge the $5,000 transfer fee for a one-time transfer from individual(s) to a corporate entity formed for convenience of ownership of the franchise. This means that if the franchisee initially holds the Multi Unit Development Agreement in their name as an individual, they can transfer it to a corporation they create for ownership purposes without incurring the transfer fee, but only once.
It is important for prospective Crave franchisees to understand the conditions under which the transfer fee applies, especially if they plan to structure their business ownership in a way that involves transferring the agreement to a different entity. Franchisees should consult with Crave to confirm the specific requirements and documentation needed for the transfer approval process.