factual

What is the Hydrodog Transfer Fee?

Hydrodog Franchise · 2025 FDD

Answer from 2025 FDD Document

Name of Fee(1) Amount(4) Due Date Remarks
Transfer Fee $20,000 per Territory sold plus any related broker fees Payable upon approval of transfer. If you sell your franchise to a prospect, we shall be entitled to a commission. The rate, terms, and conditions of this commission will be outlined in a separate agreement, and you will be required to pay this commission upon the transfer of the franchise (subject to state law).

Source: Item 6 — OTHER FEES (FDD pages 12–16)

What This Means (2025 FDD)

According to Hydrodog's 2025 Franchise Disclosure Document, the transfer fee is $20,000 per territory sold, in addition to any related broker fees. This fee is payable upon approval of the transfer.

If a Hydrodog franchisee decides to sell their franchise to another party, Hydrodog is entitled to a commission from the sale. The specific rate, terms, and conditions of this commission will be detailed in a separate agreement. The franchisee is required to pay this commission to Hydrodog upon the completion of the franchise transfer, subject to state law.

In practical terms, a Hydrodog franchisee looking to sell their business needs to be aware of this $20,000 transfer fee plus potential broker fees, as well as a commission to Hydrodog, which will impact the net proceeds from the sale. The separate agreement detailing the commission rate is a crucial document to review carefully before deciding to sell.

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.