Who bears the responsibility for obtaining and developing a location for the Crawlspace Medic Franchised Business?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- 8.1.2.
Franchisee shall select a warehouse site located within Franchisee's territory that provides secure vehicle and equipment storage.
Location should have approximately one thousand (1,000) square feet of warehouse and office space.
Vehicle must meet minimum specifications as outlined in the Operations Manual.
- 8.1.3.
After a location for the Franchised Business is consented to by Franchisor and acquired by Franchisee pursuant to this Agreement, the location shall be set forth on Attachment 2 of this Agreement, which location and attachment shall be incorporated herein and made a part hereof.
- 8.2.
Construction.
Franchisee shall be responsible for equipping and outfitting their Crawlspace Medic location and vehicle as outlined in the Operations Manual.
Franchisor will provide sample layout and specs.
- 8.3.
Time to Open.
Franchisee acknowledges that time is of the essence in this Agreement.
Subject to Franchisee's compliance with the conditions stated below, Franchisee shall open the Franchised Business and commence business within ninety (90) days after Franchisee has signed the Franchise Agreement, unless Franchisee obtains a written extension of such time period from Franchisor.
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, the franchisee is responsible for selecting and acquiring a warehouse site within their designated territory. This site should provide secure storage for vehicles and equipment and have approximately 1,000 square feet of warehouse and office space. The franchisor, Crawlspace Medic, must consent to the location chosen by the franchisee. Once the location is acquired and approved, it will be documented in Attachment 2 of the Franchise Agreement.
Furthermore, the franchisee is responsible for equipping and outfitting their Crawlspace Medic location and vehicle according to the specifications outlined in the Operations Manual. Crawlspace Medic will provide a sample layout and specifications to assist the franchisee in this process. This means the franchisee bears the financial burden and management responsibility for setting up the physical premises of their business.
The FDD emphasizes that time is of the essence, requiring the franchisee to open the Franchised Business and commence operations within 90 days after signing the Franchise Agreement. This timeline is contingent on the franchisee's compliance with the agreement's conditions, although a written extension may be obtained from Crawlspace Medic if necessary. This highlights the importance of efficient location selection, acquisition, and build-out to meet the stipulated opening deadline.