What is the Mr. Sandless transfer fee per owner?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
cuments relevant to your Business;
- 21.3.7 Your execution (or your principals' execution, as applicable) of a general release, in a form prescribed by us, of all claims against us and our officers, directors, agents, and employees. Notwithstanding such release, you shall remain obligated under those provisions of this Agreement that exp
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, a transfer fee is required when transferring ownership of a Mr. Sandless franchise. The transfer fee is dependent on the type of business being transferred.
Specifically, if the transfer involves a Mr. Sandless Business or a combination Mr. Sandless Business, the transfer fee is $5,000 per owner, regardless of the number of businesses being transferred. Alternatively, if the transfer involves a different type of business, the transfer fee is $1,000 per owner, also irrespective of the number of businesses being transferred.
This fee must be paid to Mr. Sandless as part of the transfer process. This means that a prospective franchisee looking to buy an existing Mr. Sandless franchise will need to account for this transfer fee in addition to the purchase price negotiated with the current franchisee. The fee structure differentiates between the transfer of a standard Mr. Sandless business and other business types, potentially reflecting differences in the complexity or value associated with each type of transfer.
It is important for potential franchisees to understand these costs upfront and factor them into their financial planning when considering the purchase of a Mr. Sandless franchise from an existing owner.