factual

Can a Crawlspace Medic franchisee relocate their Franchised Business?

Crawlspace_Medic Franchise · 2024 FDD

Answer from 2024 FDD Document

This Agreement grants Franchisee the right to operate the Franchised Business at a single location within the Territory. Franchisor agrees that Franchisor will not, and Franchisor will not permit any other of our franchisees, to operate a franchised Crawlspace Medic location in the Territory using the same Marks as licensed to Franchisee in this Agreement so long as Franchisee is not in default under this Agreement or this Agreement has not expired or been terminated. Except as otherwise specified in this Agreement, Franchisor reserves the right to open, operate or franchise Crawlspace Medic franchises around, bordering and adjacent to the Territory. Franchisee will be selling its products and services from a location within the territory, and will provide services to customers within that territory. Franchisee is prohibited from selling and soliciting customers through alternative distribution channels as more fully specified herein.

Source: Item 22 — CONTRACTS (FDD page 42)

What This Means (2024 FDD)

According to the 2024 Crawlspace Medic Franchise Disclosure Document, a franchisee is granted the right to operate their franchised business at a single location within a designated territory. This territory is specified in an attachment to the franchise agreement. Crawlspace Medic will not allow any other franchisees to operate a location within the franchisee's territory using the same marks, as long as the franchisee is not in default of the agreement and the agreement has not expired or been terminated.

The agreement specifies that the franchisee will be selling its products and services from a location within the territory and will provide services to customers within that territory. The franchisee is prohibited from selling and soliciting customers through alternative distribution channels as specified in the agreement. Crawlspace Medic retains the rights to businesses other than those specified in the agreement, within or outside the territory.

This means that a Crawlspace Medic franchisee's ability to relocate their franchised business is restricted by the terms of the franchise agreement, which grants rights to a single location within a defined territory. Any relocation would likely require the franchisor's approval and may be subject to specific conditions or limitations outlined in the agreement.

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.