What is the purpose of Exhibit B in the 1-800-GOT-JUNK? Franchise Disclosure Document?
1_800_Got_Junk Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a disclosure document with an issuance date of July 17, 2025 that included the following Exhibits:
A. List of Franchisees and Certain Former Franchisees
B. Franchise Agreement with attached schedules
C. Operations Manual Table of Contents
D. State Regulatory Authorities and Agents for Service of Process in Certain States
E. Financial Statements
F. Guarantee Agreement
G. General Security Agreement
H. National Account Program Participation Agreement
I. State Specific Addenda
J. Franchisee Disclosure Questionnaire and Certification
K. Form of General Release
L. State Effective Dates
M. Receipts
Source: Item 22 — Contracts (FDD page 24)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Exhibit B contains the Franchise Agreement with attached schedules for 1-800-GOT-JUNK?. This is a crucial document for prospective franchisees as it outlines the complete legal agreement they will enter with the franchisor.
The Franchise Agreement details the rights, responsibilities, and obligations of both 1-800-GOT-JUNK? and the franchisee. It covers various aspects of the franchise relationship, including the term of the agreement, fees, operating procedures, and termination conditions. Schedules attached to the agreement may include specifics such as territory definitions, payment schedules, and other relevant details.
Careful review of Exhibit B is essential for any potential 1-800-GOT-JUNK? franchisee. It is advisable to consult with a legal professional to fully understand the terms and conditions outlined in the Franchise Agreement before making any commitments. Understanding this document is key to a successful franchise venture.