To what extent are transfer fees collectable for a Kidokinetics franchise transfer?

According to Kidokinetics's 2024 Franchise Disclosure Document, transfer fees are collectable but with limitations. Specifically, the FDD states that transfer fees are collectable only to the extent that they reflect Kidokinetics's reasonable estimated or actual costs in executing the transfer.

This means that Kidokinetics cannot charge an arbitrary or inflated transfer fee. The fee must be directly related to the expenses Kidokinetics incurs during the transfer process. This protects franchisees from excessive or unfair charges when they sell or transfer their franchise to another party.

This provision appears to be related to the laws in Washington state. Prospective franchisees should consult with a legal expert to ensure full compliance with local regulations regarding franchise transfers and fees.