What is the Dermani Medspa transfer fee used to reimburse?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.3.8. If a proposed transfer would result in a change in control of you, your business, or any of your assets, including any dermani MEDSPA® franchises owned, operated, managed, or controlled by you, you shall pay a non-refundable transfer fee ("Transfer Fee")
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa Franchise Disclosure Document, the excerpt provided does not specify what the transfer fee is used to reimburse. The document does mention that if a proposed transfer would result in a change in control of the franchisee, their business, or any of their assets, including any Dermani Medspa franchises owned, operated, managed, or controlled by them, they must pay a non-refundable transfer fee.
However, the FDD does outline several conditions that must be met before a transfer can be approved. These include the transferee meeting Dermani Medspa's standards for new businesses, the franchisee being current on all payments and not in violation of the agreement, any deficiencies being corrected, the transferee not having an interest in a competitive business, all personnel completing training, and the landlord approving the lease transfer.
Prospective franchisees should inquire with Dermani Medspa about the specific costs covered by the transfer fee to fully understand the financial implications of transferring their franchise.