What agreement must a Chem-Dry franchisee execute to purchase equipment?

According to Chem-Dry's 2024 Franchise Disclosure Document, a franchisee must execute the Equipment Agreement, which is included as Exhibit B to the Franchise Agreement, to purchase the necessary equipment for their chosen franchise option. This agreement is a mandatory part of acquiring the equipment needed to operate a Chem-Dry franchise.

This requirement ensures that the franchisee understands and agrees to the terms and conditions related to the equipment purchase, including specifications, warranties, and payment terms. By formalizing the equipment purchase through a separate agreement, Chem-Dry aims to maintain consistency and clarity in the franchisee's obligations.

Prospective franchisees should carefully review Exhibit B of the Franchise Agreement to fully understand their responsibilities and rights regarding the equipment they are purchasing. This includes understanding the total cost of the equipment, any financing options available, and the maintenance and repair obligations associated with the equipment.