What is the relationship between the Franchise Agreement and Exhibit B for a 1-800-GOT-JUNK? franchise?
1_800_Got_Junk Franchise · 2025 FDDAnswer 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 Franchise Disclosure Document, Schedule B is directly related to the Franchise Agreement for 1-800-GOT-JUNK?. Specifically, Schedule B to the Franchise Agreement outlines the particulars of the franchised business.
Schedule B includes the effective date of the agreement, the franchised location as per Section 4.1 of the agreement, and the territory granted to the franchisee as defined in Section 2.1(a). The territory is further clarified by reference to an attached schedule labeled "Territory." If applicable, subterritories granted to the franchisee under Section 2.2 are identified on attached schedules labeled "Subterritory 1A" through "Subterritory "__".
For territories or subterritories described using zip codes, the definition refers to the zip codes in effect as of the effective date. In case of discrepancies between zip codes and the map for a specific territory or subterritory, the map will take precedence. Schedule B also specifies the scheduled opening date of the franchised business as per Section 2.5, which 1-800-GOT-JUNK? may extend by up to 60 days. Finally, the term of the agreement is 5 years from the scheduled opening date.