Are there any exceptions to what Aplus considers a 'Competitive Business'?

According to Aplus's 2024 Franchise Disclosure Document, a 'Competitive Business' is defined as any business that offers or provides Competitive Services, or grants franchises or licenses to others to do so. However, there are specific exceptions to this definition.

Aplus specifies that the term 'Competitive Business' does not apply to any business operated by the Developer (franchisee) under a Franchise Agreement with Aplus. This means that if a franchisee operates another business under the Aplus brand, it will not be considered a competitive business. Additionally, a business operated by a publicly-held entity in which the Developer owns less than a five percent (5%) legal or beneficial interest is also excluded from the definition of a Competitive Business.

These exceptions provide clarity for potential Aplus franchisees, particularly those who may have existing business interests or investments. It is important for prospective franchisees to fully understand these definitions and exceptions, as they impact the franchisee's ability to engage in other business ventures during and after their franchise agreement with Aplus.