How does the Clear Pest Pros addendum define the 'Initial Franchise Fee'?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
- Initial Package Fee. The following language shall hereby supersede and replace the first
The terms of this ADDENDUM shall remain confidential and may not be disclosed except when and to the extent necessary to comply with applicable federal, state, or local laws or regulations. In all other respects, the terms and conditions contained in your original Franchise Agreement(s), and any previous Amendments to your Franchise Agreement(s), remain in full force and effect. Further this is to confirm that we have made no other promises or commitments of any nature concerning this or any other aspect of your franchise business that have not been set forth in writing.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 67)
What This Means (2025 FDD)
According to the 2025 Clear Pest Pros Franchise Disclosure Document, the addendum modifies the original franchise agreement regarding the 'Initial Package Fee'. The addendum states that specific language will supersede and replace the original language in Section 2.B of the Franchise Agreement.
This means that prospective Clear Pest Pros franchisees need to carefully review the addendum to understand the exact changes made to the initial package fee terms. The initial package fee is a critical component of the franchise agreement, as it outlines the upfront costs and what they cover.
It is important for potential franchisees to compare the original language in Section 2.B of their Franchise Agreement with the new language provided in the addendum to fully grasp the financial implications. Since the specific details of the replacement language are not provided in this excerpt, it is essential to obtain and carefully examine the complete addendum to understand the precise definition and requirements related to the Initial Package Fee for a Clear Pest Pros franchise.