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Does the Crawlspace Medic Franchise Agreement include a section on 'Franchised Location and Vehicle Requirements'?

Crawlspace_Medic Franchise · 2024 FDD

Answer 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.

The date the Franchised Business opens for business to the public shall be defined herein as the "Opening Date".

Prior to the Opening Date, Franchisee shall (i) complete all modifications for the Franchised Business location and vehicle, including installation of equipment and signage, in accordance with System requirements and the plans and specifications consented to by Franchisor, (ii) satisfactorily complete Franchisor's Initial Training Program, as further set forth in Article 7, (iii) hire and train staff, if required, and (iv) obtain all required licenses to operate the Franchised Business.

If Franchisee fails to comply with any of such obligations, Franchisor shall have the right to prohibit Franchisee from opening for business.

Source: Item 22 — CONTRACTS (FDD page 42)

What This Means (2024 FDD)

Yes, according to the 2024 Crawlspace Medic Franchise Disclosure Document, the agreement includes details on franchised location and vehicle requirements. Specifically, the franchisee must select a warehouse site within their territory that provides secure vehicle and equipment storage. The location should have approximately 1,000 square feet of warehouse and office space. The vehicle must also meet minimum specifications as outlined in the Operations Manual.

The Crawlspace Medic franchisor must approve the location. After approval and acquisition of the site by the franchisee, the location is documented in Attachment 2 of the Franchise Agreement. The franchisee is responsible for equipping and outfitting both the Crawlspace Medic location and the vehicle according to the Operations Manual, with the franchisor providing sample layouts and specifications.

The franchisee has 90 days after signing the Franchise Agreement to open the Franchised Business, contingent on completing all location and vehicle modifications, including equipment and signage installation, according to system requirements and franchisor-approved plans. They must also complete the initial training program, hire and train staff if needed, and obtain all required licenses. Failure to meet these obligations can result in the franchisor prohibiting the franchisee from opening for business.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.