What is Attachment 1 to the Crawlspace Medic Franchise Agreement?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
This grant applies only to a single location within a territory that is designated in Attachment 2 attached hereto and incorporated herein (the "Territory").
Franchisor hereby grants to Developer, and the Developer hereby accepts from the Franchisor, on the terms and conditions set forth in this Agreement, which includes, but is not limited to, the execution of a Franchise Agreement pursuant to Section 4.1 hereof, the right to develop, construct, open and operate one (1) Crawlspace Medic outlet within the Development Area set forth in Attachment 3.
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 specify what Attachment 1 to the Crawlspace Medic Franchise Agreement contains. However, the document does mention other attachments. Attachment 2 designates the territory granted to the franchisee, while Attachment 3 specifies the development area for developers with multiple store development agreements.
Since the contents of Attachment 1 are not detailed in the provided excerpts, it is essential for a prospective Crawlspace Medic franchisee to request a copy of Attachment 1 from the franchisor and carefully review its contents. Understanding the details within Attachment 1 is crucial, as it forms part of the franchise agreement and legally binds the franchisee.
It would be prudent to consult with a franchise attorney to fully understand the implications of all attachments and the entire Crawlspace Medic franchise agreement before making any commitments.