How is the initial franchise fee determined for each additional Crawlspace Medic outlet?

According to Crawlspace Medic's 2024 Franchise Disclosure Document, the initial franchise fee for each additional outlet under a multi-unit development agreement will be the amount set forth in Section 4.1 of the agreement. A developer exercising their development rights must enter into a separate Franchise Agreement with Crawlspace Medic for each outlet. The developer will execute and deliver Crawlspace Medic's current form of Franchise Agreement, which will be presented with the current Franchise Disclosure Document.

This means that the initial franchise fee for subsequent Crawlspace Medic locations will be the same as the initial franchise fee outlined in the franchise agreement. This fee is payable for each additional location opened under the development agreement.

It is important for prospective multi-unit franchisees to carefully review Section 4.1 of the Franchise Agreement to understand the specific initial franchise fee amount and payment terms for each additional Crawlspace Medic outlet. They should also be aware that the form of the Franchise Agreement may change over time, but the initial franchise fee will remain consistent with Section 4.1.