What is the Face Foundrie Transfer Fee?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Remarks (See Note 1) | ||
|---|---|---|---|---|
| TRANSFER FEE | $10,000 or such greater amount to cover our reasonable costs and expenses associated with the transfer. If you transfer an Area Development Agreement, we reserve the right to charge you a transfer fee of an amount equal to our then-current Franchise Fee for each Franchised Facial Bar that remains to be developed and opened in order to satisfy the Development Schedule, but not less than fifty percent (50%) of the Area Development Fee paid. | Before the consummation of the transfer or sale. | Payable when, and if, you transfer or sell your franchise. No transfer fee will be charged if you transfer your franchise to a corporation, limited liability company or other entity which you control. There are other conditions to transfer. |
Source: Item 6 — OTHER FEES (FDD pages 15–22)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, a franchisee who transfers or sells their franchise must pay a transfer fee. This fee is $10,000, but may be a greater amount to cover Face Foundrie's reasonable costs and expenses associated with the transfer. The fee is due before the transfer or sale is completed.
If a franchisee transfers an Area Development Agreement, Face Foundrie reserves the right to charge a transfer fee equal to the then-current Franchise Fee for each Franchised Facial Bar that remains to be developed and opened in order to satisfy the Development Schedule. However, this fee will not be less than fifty percent (50%) of the Area Development Fee paid.
Notably, a transfer fee is not charged if the franchise is transferred to a corporation, limited liability company, or other entity that the franchisee controls. However, there are other conditions to transfer that a franchisee must meet.