What is the transfer fee for a Creative World School franchise?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer | Greater of $20,000 or 25% of then- current initial franchise fee | Upon signing transfer franchise agreement | N/A |
| Transferee | Training, cost to be included in | As incurred | You pay all travel and living |
| Training | Transfer fee | expenses. |
Source: Item 6 — OTHER FEES (FDD pages 15–18)
What This Means (2025 FDD)
According to the 2025 Creative World School Franchise Disclosure Document, the transfer fee is the greater of $20,000 or 25% of the then-current initial franchise fee. This fee is due upon signing the transfer franchise agreement.
In addition to the transfer fee, the franchisee will incur costs for training the transferee. These costs are to be included in the transfer fee. The franchisee is also responsible for covering all travel and living expenses associated with the training.
It is important to note that all fees mentioned in the FDD, including the transfer fee, are generally non-refundable, as stated in the explanatory notes. This means that if the transfer does not proceed for any reason, the franchisee may not be able to recover the transfer fee paid to Creative World School.