factual

Does the definition of 'Taxes' for 1-800-GOT-JUNK? include income taxes?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

Section 22 of the Franchise Agreement states that you will indemnify and hold us, and our subsidiaries, affiliates, shareholders, directors, officers, employees, agents, assignees and other franchisees; harmless against all liabilities, obligations, and consequential damages, taxes, costs, losses and actual legal expenses; any claim, litigation or other action or proceeding arising out of the operation of the franchised business.

Source: Item 22 — Contracts (FDD page 24)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the definition of 'Taxes' for 1-800-GOT-JUNK? is not explicitly detailed within the provided excerpts. However, there is a mention of taxes within the context of indemnification in the Kansas addendum.

According to Section 22 of the Franchise Agreement, as referenced in the Kansas addendum, franchisees are expected to indemnify 1-800-GOT-JUNK? and its related parties against liabilities, obligations, damages, taxes, costs, losses, and legal expenses arising from the operation of the franchised business. This suggests that franchisees could be responsible for various types of taxes related to their business operations.

However, the excerpt does not specify whether this indemnification includes income taxes. A prospective 1-800-GOT-JUNK? franchisee should seek clarification from the franchisor regarding the specific types of taxes covered under this indemnification clause to fully understand their financial responsibilities.

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.