If a Dryject transfer is pursued but not completed, who is responsible for reimbursing Dryject's costs and expenses?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
If You pursue but do not complete a transfer which has caused us to incur costs and expenses in reviewing and documenting the proposed transfer, you must reimburse us for these costs and expenses.
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, if a franchisee begins the transfer process but does not complete it, the franchisee is responsible for reimbursing Dryject for any costs and expenses Dryject incurred during the review and documentation of the proposed transfer.
This means that if you, as a Dryject franchisee, start the process to sell or transfer your franchise to someone else, but the deal falls through for any reason, you will have to pay Dryject for the work they did in reviewing the potential transfer and preparing the necessary paperwork. These costs could include legal fees, administrative expenses, and the time Dryject's staff spent on the matter.
This is a fairly standard clause in franchise agreements, as the franchisor invests time and resources in evaluating potential transferees to protect the brand and ensure the new franchisee meets their standards. Therefore, it is crucial for a prospective Dryject franchisee to carefully consider the financial implications of a transfer and ensure the potential buyer is serious and qualified before initiating the transfer process to avoid incurring these costs unnecessarily.