What is the Dryject Internal Transfer fee?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Internal Transfer | $500 | Before transfer is effected | See Note 5 below |
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, an internal transfer fee of $500 is required before the transfer is effected. This fee applies when a franchisee who initially bought the franchise as an individual seeks to transfer it to a newly formed business entity that they control. This transfer is subject to Dryject's approval.
This fee covers Dryject's expenses related to the transfer. It is important to note that this is separate from the standard transfer fee, which applies when transferring the franchise to a third party. The standard transfer fee is calculated as 40% of the then-current Initial Franchise Fee.
It is important for prospective franchisees to understand the conditions under which this internal transfer fee applies, especially if they anticipate structuring their business under a separate entity in the future. They should also be aware that Dryject must approve the transfer, and that additional conditions for approval may exist. This fee is considerably less than the fee for transferring to a third party, making internal restructuring more financially feasible.