What transfer fee is required to transfer a Dryject franchise?
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 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 39–41)
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 who initially bought the franchise wants to transfer it to a newly formed business entity that they control, Dryject charges a $500 transfer fee, assuming they approve the transfer. This lower fee is intended to cover Dryject's expenses related to the transfer.
In addition to the transfer fees, the FDD states that 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. There are also other conditions for approval of transfers that must be met.
It is important for a prospective Dryject franchisee to understand these transfer fees and conditions, as they can significantly impact the financial implications of selling or restructuring their franchise. Franchisees should also be aware that Dryject must approve any transfer, and there are various conditions that must be met for the transfer to be approved.