What is the transfer fee for a Gold Star franchise as of the date of the agreement, before any changes?

According to Gold Star's 2025 Franchise Disclosure Document, the transfer fee as of the date of the franchise agreement is $3,500.00, but this amount is subject to change at the company's discretion. This fee is payable when a franchisee transfers their existing franchise to a new owner, subject to Gold Star's approval.

This means that if a franchisee decides to sell their Gold Star restaurant to someone else, they will likely have to pay Gold Star a transfer fee of $3,500.00. However, it is important to note that Gold Star has the right to change this fee at any time. Therefore, it is possible that the transfer fee could be higher or lower at the time of the transfer.

In addition to the transfer fee, the potential new franchisee must meet Gold Star's current requirements for new operators, including demonstrating good moral character, satisfactory credit ratings, acceptable business qualifications, and successful completion of training programs. The transferee must also enter into a written agreement assuming all of the previous franchisee's obligations.

Prospective franchisees should confirm the current transfer fee with Gold Star at the time of transfer, as it is subject to change. Understanding the conditions and requirements for transferring a franchise is crucial for franchisees planning an exit strategy or considering selling their Gold Star business in the future.