When is the Transfer Fee for a Dermani Medspa franchise transfer payable?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- (i) You pay us a transfer fee ("Transfer Fee") equal to fifty percent (50%) of our then-current initial franchise fee for a single unit franchise, to reimburse us for reviewing the application to transfer, including, without limitation, legal and accounting fees.
One-half (½) of the Transfer Fee shall be paid at the time you submit your request to us for consideration of the proposed transfer, and such amount shall be non-refundable.
The balance of the Transfer Fee shall be paid at the time the transfer is consummated or closes.
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-ofpocket expenses (including attorneys' fees) that we incurred in connection with the proposed transfer.
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the Transfer Fee is payable in two installments. The first half (50%) of the Transfer Fee must be paid when the franchisee submits a request to Dermani Medspa for consideration of the proposed transfer. This initial payment is non-refundable. The remaining balance of the Transfer Fee is due when the transfer is officially completed or closed.
If the transfer does not proceed even after Dermani Medspa has approved the proposed transfer, Dermani Medspa retains the right to seek reimbursement for any out-of-pocket expenses incurred during the transfer process. These expenses may include attorney's fees.
The Transfer Fee is equal to fifty percent (50%) of Dermani Medspa's then-current initial franchise fee for a single unit franchise. This fee is intended to cover the costs Dermani Medspa incurs while reviewing the transfer application, including legal and accounting fees.