What is the reference name of the Closet Storage Concepts franchise agreement in the FDD?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
CLOSET & STORAGE CONCEPTS FRANCHISE AGREEMENT
THIS AGREEMENT is entered into and made by and between CLOSETS UNLIMITED OF NEW JERSEY, INC., a New Jersey corporation with its principal business address at 436 Commerce Lane, Suite D, West Berlin, "Effective Date"). NJ 08091 ("Franchisor") and ("Franchisee") on the date this Agreement is executed by Franchisor below (the with a principal address at
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2025 FDD)
According to the 2025 Closet Storage Concepts Franchise Disclosure Document, the franchise agreement is referenced as the "CLOSET & STORAGE CONCEPTS FRANCHISE AGREEMENT". This agreement outlines the terms and conditions under which Closets Unlimited of New Jersey, Inc. (the Franchisor) grants a franchise to an individual or entity (the Franchisee) to operate a Closet & Storage Concepts business.
The agreement covers various aspects of the franchise relationship, including the grant of the franchise, the use of the Closet & Storage Concepts System and Proprietary Marks, and the obligations of both the Franchisor and the Franchisee. It also details the territory granted to the franchisee, conditions for renewal, and other key terms governing the operation of the franchised business.
Prospective franchisees should carefully review the entire Closet & Storage Concepts Franchise Agreement to fully understand their rights and responsibilities. Understanding the agreement is crucial before making a final decision to invest in a Closet Storage Concepts franchise.