What is the role of the exhibit in the Batteries Plus Bulbs franchise agreement?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
urther acknowledges that the provisions of such franchises may vary substantially from those contained in this Agreement.
The parties have signed this Agreement on the date stated in the first paragraph.
BATTERIES PLUS, L.L.C., (If Franchisee is a corporation or limited liability company) a Wisconsin limited liability company Name of corporation or limited liability company (If Franchisee is an individual owner, Franchisee must sign below; if a partnership, all partners must sign below)
EXHIBIT A TO FRANCHISE AGREEMENT
STORE LOCATION, PROTECTED AREA AND INITIAL FRANCHISE FEE
This Exhibit is attached to and is an integral part of the Batteries Plus® Franchise Agreement dated , 20 (the "Franchise Agreement"), between Franchisor and Franchisee. 1. Store Location. Franchisor and Franchisee agree that the Store will be located at the following premises: . Franchisee acknowledges that Franchisor's proposed location for a Batteries Plus® store. acceptance of a proposed location does not represent a warranty or representation of any kind as to the suitability of the 2. Protected Area. The Protected Area will be (check one): A. A radius of three (3) miles from the location of the Store; or B. population of 150,000 people. The geographic area described on the attachment to this Exhibit A that will have a residential 3. months after the date first
Source: Item 22 — Contracts (FDD page 80)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs Franchise Disclosure Document, exhibits play a crucial role in defining key aspects of the franchise agreement. Exhibit A specifies the store location and the franchisee's protected area. This exhibit is integral to the franchise agreement, as it defines the physical territory where the franchisee can operate without direct competition from another full-service Batteries Plus Bulbs store, provided they remain in compliance with the agreement.
Specifically, Exhibit A identifies the exact premises of the Batteries Plus Bulbs store. It also outlines the boundaries of the protected area, which can be either a radius of three miles from the store's location or a geographic area containing a residential population of 150,000 people. The franchisee must complete development and open the store within a specified timeframe, as indicated in Exhibit A.
Alternative Exhibit A is used when the specific store location is not yet determined at the time of signing the franchise agreement. In this case, the franchisee has a period to select a location within a defined geographical area, subject to Batteries Plus Bulbs's approval. This approval process involves submitting a complete site report for evaluation based on factors like demographics, traffic patterns, and proximity to other businesses. Batteries Plus Bulbs's acceptance of the location does not constitute a warranty regarding its suitability.
Exhibit D is the current form of the Batteries Plus Bulbs franchise agreement. Batteries Plus Bulbs retains the discretion to modify this standard form, but the initial franchise fee, royalty, and service fees will remain consistent with what is outlined in Exhibit D. Exhibit B defines the Development Schedule, which outlines the period and number of stores a Multiple Unit Franchisee must open and operate.