Under what condition is the Focalpoint Coaching transfer fee waived?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Technology Fee | $1,250 per year plus an additional $1,250 per Associate per year, plus any applicable taxes | On or before the last business day of each November See Note 5 | We may increase the Technology Fee at any time with prior written notice to you. The Technology Fee is further described in Item 5 and in Note 5 below. |
| Transfer | 15% of the sale price of the Franchised Business or $20,000, whichever is greater, plus any applicable taxes | Before transfer completed | No charge if Franchise Agreement transferred to an entity you control. |
Source: Item 6 — Other Fees (FDD pages 14–20)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the transfer fee is waived if the Franchise Agreement is transferred to an entity the franchisee controls. The standard transfer fee is 15% of the sale price of the Franchised Business or $20,000, whichever is greater, plus any applicable taxes.
This waiver provides a significant benefit to franchisees who may wish to transfer their business to a legal entity they own, such as an LLC or corporation, for liability or tax purposes. Without this waiver, franchisees would incur a substantial fee simply to restructure their business ownership.
It is important for prospective franchisees to understand the conditions under which this waiver applies. They should confirm with Focalpoint Coaching the specific requirements for demonstrating control over the entity to which the franchise is being transferred. This will ensure they can take advantage of the waiver if they choose to transfer their franchise to a controlled entity.