How is the Dryject Transfer fee calculated?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
l costs, if any) for all training.
Note 5. Transfer. We will charge a transfer fee of 40% of the then current Initial Franchise Fee
charged by us in the then current Franchise Agreement if you transfer to a third party. If you buy the franchise as an individual and want to transfer it to a newly formed business entity which you control, if we approve the transfer we charge you $500 to cover our expenses related to the transfer. There are other conditions for approval of transfers. 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 reimb
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the transfer fee depends on who the franchise is being transferred to. If a franchisee transfers to a third party, Dryject charges a transfer fee of 40% of the then-current Initial Franchise Fee. However, if an individual franchisee wants to transfer the franchise to a newly formed business entity that they control, Dryject charges a $500 transfer fee, assuming they approve the transfer.
Dryject also states that there are other conditions for approval of transfers, which a prospective franchisee should discuss with the franchisor. Additionally, if a transfer is pursued but not completed, and Dryject incurs costs and expenses in reviewing and documenting the proposed transfer, the franchisee must reimburse Dryject for these costs and expenses.
It is important for prospective franchisees to understand the conditions under which a transfer may occur and the associated fees, as these can significantly impact the financial implications of selling or restructuring the franchise.