factual

What happens if a 1-800-GOT-JUNK? franchisee fails to commence operation of the Franchised Business on the Scheduled Opening Date?

1_800_Got_Junk Franchise · 2025 FDD

Answer from 2025 FDD Document

SCHEDULE B

This is Schedule B to a Franchise Agreement between

1-800-GOT-JUNK?

LLC, a Delaware limited liability company and


FRANCHISED BUSINESS - PARTICULARS

Effective Date:

Franchised Location (Section 4.1):

Territory (Section 2.1(a)): The Territory granted to Franchisee under Section 2.1(a) of this Agreement is the area identified on the attached schedule labelled “Territory”.

Subterritories (if applicable) (Section 2.2): The Subterritories granted to Franchisee under Section 2.2 of this Agreement are the areas identified on the attached schedules labelled “Subterritory 1A” through to and including “Subterritory “__”.

Where zip codes are used to describe a Territory or Subterritory, the area represented shall be determined having reference to the zip codes in effect as of the Effective Date.

In the event of a discrepancy between the zip codes and the map for a particular Territory or Subterritory, the map shall govern.

Scheduled Opening Date of Franchised Business (Section 2.5): *, which Franchisor may extend by up to 60 days under Section 2.5.

Term (Section 2.6): 5 years from the Scheduled Opening Date.

Source: Item 22 — Contracts (FDD page 24)

What This Means (2025 FDD)

I am unable to provide information on what happens if a 1-800-GOT-JUNK? franchisee fails to commence operation of the Franchised Business on the Scheduled Opening Date, according to the 2025 Franchise Disclosure Document excerpts. While Schedule B to the Franchise Agreement does define the 'Scheduled Opening Date of Franchised Business,' it does not state the consequences of failing to open by that date. A prospective franchisee should ask the franchisor about the implications of not opening the business on time.

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.