When is the Dermani Medspa Transfer Fee due?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee (Note 1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Transfer Fee | 50% of our then-current initial franchise fee $10,000 if you transfer an Area Development Agreement | One-half of the Transfer Fee shall be paid at the time you submit your request to us for the proposed transfer, and the balance shall be paid at the time the transfer is consummated or closes | The amount you pay at the time you submit your request to us is non-refundable, even if the transfer is not ultimately consummated. If the transfer is not consummated after we have provided our approval for the proposed transfer, then we have the right to require that you or the proposed transferee reimburse us for the out-of pocket expenses (including attorneys' fees) that we incurred in connection with the proposed transfer. The transfer fee under an Area Development Agreement is in addition to the transfer fees you must pay in connection with transferring each Franchise Agreement. |
Source: Item 6 — OTHER FEES (FDD pages 14–20)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the transfer fee is due in two installments. The FDD states that one-half of the transfer fee must be paid when you submit your request for the proposed transfer. The remaining balance is due when the transfer is completed or closed. The transfer fee is 50% of Dermani Medspa's then-current initial franchise fee, which is $10,000 if you transfer an Area Development Agreement.
It is important to note that the initial payment made when submitting the transfer request is non-refundable, even if the transfer does not ultimately go through. Additionally, if the transfer is not completed after Dermani Medspa has approved it, they have the right to require reimbursement for any out-of-pocket expenses they incurred, including attorney's fees, in connection with the proposed transfer.
This transfer fee applies to the transfer of an Area Development Agreement and is in addition to any transfer fees required for transferring individual Franchise Agreements. Prospective franchisees should carefully consider these financial implications and the non-refundable nature of the initial payment before initiating a transfer request.