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What is the minimum transfer fee for a Face Foundrie franchise?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

is Agreement and its ancillary documents in all respects, and the terms of which may differ from the terms of this Agreement including, without limitation, higher and/or additional fees;

  • (d) The transferee (and, if the transferee is not an individual, the Operating Par

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, a franchisee who wishes to transfer their franchise must pay a transfer fee. The minimum transfer fee is $10,000. However, the actual transfer fee could be higher if the franchisor's legal, accounting, training, and other expenses related to the transfer exceed that amount. In that case, the franchisee would be responsible for reimbursing Face Foundrie for the full amount of those expenses.

This fee is typical in franchising, as the franchisor needs to vet and approve the new franchisee to ensure they meet the brand's standards and are capable of running the business successfully. This process protects the brand and the interests of other franchisees in the system. The transfer process for a Face Foundrie franchise also includes several other conditions that a potential franchisee must meet.

Specifically, the proposed transferee must demonstrate that the terms of the transfer won't create an unreasonable financial or operational burden. They also need to meet Face Foundrie's then-current application qualifications, which include educational, managerial, and business standards, good moral character, business reputation, and credit rating. The transferee must also show they have the aptitude and financial resources to operate the Face Foundrie Facial Bar.

Furthermore, the transferee must agree in writing to take on all of the franchisee's duties and obligations, and they might have to sign the current franchise agreement, which could have different terms, including higher fees. The transferee, along with their Operating Partner if the transferee isn't an individual, must also complete any required training programs at their own expense. Finally, the franchisee must sign a general release of claims against Face Foundrie.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.