factual

What is the 'location' field intended for on the 1-800-GOT-JUNK? Franchise Agreement?

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)

According to the 2025 1-800-GOT-JUNK? Franchise Disclosure Document, the 'Franchised Location' field in Schedule B of the Franchise Agreement is used to specify the physical location from which the franchisee will operate. This is distinct from the 'Territory' field, which defines the geographic area where the franchisee has the right to conduct business. The agreement also includes a field for 'Subterritories' if applicable, which are specific areas within the larger territory.

For a prospective 1-800-GOT-JUNK? franchisee, this means the Franchise Agreement will clearly state both the physical address of their business (if applicable) and the defined territory where they are authorized to provide junk removal services. The document clarifies that if there are discrepancies between zip codes and maps defining the territory, the map will take precedence. This is important for resolving any ambiguity about the franchisee's operating area.

It is important to note that the agreement also includes a 'Scheduled Opening Date of Franchised Business,' which marks the commencement of the franchise term. The term is five years from this date. Understanding these defined areas and dates is crucial for the franchisee to understand their rights and obligations under the Franchise Agreement with 1-800-GOT-JUNK?.

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.