What is the Dryject transfer fee for transferring to a business entity wholly owned by the franchisee?

According to Dryject's 2025 Franchise Disclosure Document, if a franchisee who is an individual wants to transfer the franchise agreement to a business entity they formed and wholly own after the agreement's effective date, Dryject's consent will not be unreasonably withheld. To cover Dryject's costs in processing the transfer, the franchisee must pay a non-refundable transfer fee of $500.00.

This is a fairly standard practice in franchising, as franchisors typically charge a fee to cover their administrative and legal costs associated with reviewing and approving a transfer. The fee compensates Dryject for the time and resources required to update their records and ensure the new business entity meets their requirements. The fee is non-refundable, meaning that even if the transfer is not completed, the franchisee will not receive the $500.00 back.

It is important to note that this specific transfer scenario applies only to individual franchisees who form a business entity wholly owned by them after the franchise agreement takes effect. Other transfer scenarios, such as selling the franchise to a third party, may involve different transfer fees and conditions, as outlined elsewhere in the FDD. Franchisees should carefully review the entire Item 8 section of the FDD to understand all the requirements and potential costs associated with transferring their Dryject franchise.