Where can I find the definition of 'Territory' in the Burneys Sweets More franchise agreement?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
- (i) "Territory" shall have the meaning defined in the Franchise Agreement.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, the definition of "Territory" is found within the Franchise Agreement itself. Item 22 defines several terms used in the franchise agreement, and states that the definition of "Territory" will be found within the Franchise Agreement.
Specifically, Item 22(i) states that the term "Territory" has the meaning defined in the Franchise Agreement. This means that prospective franchisees need to carefully review the Franchise Agreement document to understand the scope and limitations of their territory rights.
Prospective franchisees should pay close attention to how the territory is defined, as it will dictate where they can operate their Burneys Sweets More shop and where the franchisor and other franchisees can also operate. Understanding the territory definition is crucial for assessing the potential for competition and the overall viability of the franchise.