What elements are included in a 'Remodel' for a Care Plus Medical Ucc location?
Care_Plus_Medical_Ucc Franchise · 2024 FDDAnswer from 2024 FDD Document
r coverings, furnishings, equipment and décor. Franchisee
acknowledges that the System Standards may include requirements for cleaning, maintenance, and repair.
- 7.13 Remodeling. In addition to Franchisee's obligations to comply with all System Standards in effect from time to time, Care Plus Medical UCC may require Franchisee to undertake and complete a Remodel of the Location to Care Plus Medical UCC's satisfaction. Franchisee must complete the Remodel in the time frame specified by Care Plus Medical UCC. Care Plus Medical UCC may require the Franchisee to submit plans for Care Plus Medical UCC's reasonable approval prior to commencing a required Remodel. Care Plus Medical UCC's right to require a Remodel is limited as follows: (i) the Remodel will not be required in the first two or last two years of the term (except that a Remodel may be required as a condition to renewal of the term or a Transfer), and (ii) a Remodel will not be required more than once every five years from the date on which Franchisee was required to complete the prior Remodel.
- 7.14 Meetings. The Principal Executive shall use reasonable efforts to attend all in-person meetings and remote meetings (such as telephone conference calls) that Care Plus Medical UCC requires, including any national or regional brand conventions. Franchisee shall not permit the Principal Executive to fail to attend more than three consecutive required meetings.
7.15 Insurance.
- (a) Franchisee shall obtain and maintain insurance policies in the types and amounts as specified by Care Plus Medical UCC in the Manual. If not specified in the Manual, Franchisee shall maintain at least the following insurance coverage:
- (i) "Special" causes of loss coverage forms, including fire and extended coverage, crime, vandalism, and malicious mischief, on all property of the Business, for full repair and replacement value (subject to a reasonable deductible);
- (ii) Business interruption insurance covering at least 12 months of income;
- (iii) Commercial General Liability insurance, including products liability coverage, and broad form commercial liability coverage, written on an "occurrence" policy form in an amount of not less than $1,000,000 single limit per occurrence and $2,000,000 aggregate limit;
Source: Item 22 — CONTRACTS (FDD page 41)
What This Means (2024 FDD)
According to the 2024 Care Plus Medical Ucc Franchise Disclosure Document, franchisees may be required to undertake a remodel of their location to meet Care Plus Medical Ucc's standards. The FDD states that franchisees must complete the remodel within the timeframe specified by Care Plus Medical Ucc and may need to submit plans for approval before starting the remodel.
Care Plus Medical Ucc limits the frequency of required remodels. Remodels will not be required during the first two or last two years of the franchise term, unless it is a condition for renewal or transfer. Additionally, a remodel will not be required more than once every five years from the completion date of the previous remodel.
The System Standards dictate the requirements for the remodel, which may include standards for appearance, design (construction, decoration, layout, furniture, fixtures, and signs), equipment, and technology. Franchisees are also required to obtain Care Plus Medical UCC's approval of their remodel plans before starting any work.