According to the Crawlspace Medic Franchise Agreement, what is Attachment 1?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
ct conformity with the System, which may be changed,
improved and further developed by Franchisor from time to time. This grant applies only to a single location within a territory that is designated in Attachment 2 attached hereto and incorporated herein (the "Territory").
3. TERRITORY
- 3.1 Territory. This Agreement grants Franchisee the right to operate the Franchised Business at a single location within the Territory.
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2024 FDD)
Based on the 2024 Crawlspace Medic Franchise Disclosure Document, the provided excerpts do not explicitly define what Attachment 1 to the Franchise Agreement contains. However, the document does refer to other attachments. Attachment 2 designates the territory granted to the franchisee, while Attachment 3 specifies the development area for developers with multiple Crawlspace Medic outlets.
Since Attachment 1 is not mentioned, it is important for a prospective Crawlspace Medic franchisee to ask the franchisor directly what information this attachment includes. Knowing the contents of all attachments is crucial for understanding the complete scope of the agreement.
Understanding the details within Attachment 1 is essential for making an informed decision about investing in a Crawlspace Medic franchise. A potential franchisee should clarify this with the franchisor before signing the agreement.