From where must a Better Homes And Gardens Real Estate franchisee conduct their business?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
Better Homes and Gardens Real Estate LLC Its: Its:
EXHIBIT C-1
LOCATION ADDENDUM TO FRANCHISE AGREEMENT
THIS LOCATION ADDENDUM TO THE FRANCHISE AGREEMENT (the "Addendum") by and between BETTER HOMES AND GARDENS REAL ESTATE LLC ("Franchisor" or "us") and ("Franchisee" or "you") shall be effective as of the date of execution by Franchisor (the "Effective Date").
Franchise # RECITALS A.
Franchisee, or its Related Party, presently operates an approved Better Homes and Gardens® Real Estate franchise, the main office of which is located at (the "Main Office").
Franchisee and Franchisor have signed a Franchise Agreement governing the operation of the Main Office (as well as any other authorized Offices) with the effective date of for Franchise # (the "Agreement").
B.
Franchisee seeks to open a Branch Office at to be operated under the terms of the Agreement.
C.
Franchisor has agreed to grant Franchisee the right to operate another authorized Branch Office under the terms and conditions of the Agreement, as amended by this Addendum.
AGREEMENT In consideration of the provisions in the Agreement, the promises in this Addendum, and other good and valuable consideration, the delivery, receipt, and sufficiency of which are acknowledged, the parties mutually agree as follows: 1.
The Agreement is amended by adding Section as follows: SPECIAL STIPULATIONS 1 Location.
Franchisee has been approved to and may operate a Branch Office (the "New Office") at (Franchise # ).
The New Office will commence business under the System on ("New Office Opening Date"). 2 Expiration Date.
The "Expiration Date" will mean 3 Initial Franchise Fee.
Franchisee will pay Franchisor an initial franchise fee of $ for the New Office added by this Addendum.
Brand Marketing Fund.
For purposes of the New Office, the requirements to 4 pay Brand Marketing Fund ("BMF") contributions will be governed by the Agreement (subject to annual adjustment under the Agreement).
The BMF contribution for each month is due within twenty (20) days after being invoiced.
Source: Item 22 — CONTRACTS (FDD page 76)
What This Means (2025 FDD)
According to the 2025 Better Homes And Gardens Real Estate Franchise Disclosure Document, a franchisee typically operates from a main office. The franchisee may also have the option to open branch offices at additional locations, subject to approval by the franchisor, Better Homes And Gardens Real Estate LLC.
To open a branch office, the franchisee and franchisor must sign a Location Addendum to the Franchise Agreement. This addendum specifies the approved location of the new branch office and its opening date. The franchisee is also required to pay an initial franchise fee for each new branch office.
The operation of any additional branch offices will still be governed by the original Franchise Agreement, including the stipulations for Brand Marketing Fund contributions. This ensures that all offices operate under the same standards and contribute to the overall marketing efforts of Better Homes And Gardens Real Estate.