When is the Hydrodog Transfer Fee payable?
Hydrodog Franchise · 2025 FDDAnswer 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 payable upon approval of the transfer. The fee is $20,000 per territory sold, in addition to any related broker fees.
If a Hydrodog franchisee decides to sell their franchise, Hydrodog is entitled to a commission. The specific rate, terms, and conditions of this commission will be detailed in a separate agreement. The franchisee is required to pay this commission upon the transfer of the franchise, subject to state law.
Prospective franchisees should be aware of these costs associated with transferring ownership and carefully review the separate agreement outlining the commission details to fully understand the financial implications of selling their Hydrodog franchise.