What is the population requirement for a Crawlspace Medic protected territory?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- a. approve the protected territory, or Area of Primary Responsibility for your Franchised Business. A protected territory will consist of a minimum population of fifty thousand (50,000) homes with crawlspaces and/or partial basements within a geographic radius defined by Zip Codes or other readily ascertainable geographic boundaries. (Franchise Agreement, Sections 8.1.2, 10.1).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 23–29)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, a protected territory consists of a minimum population of fifty thousand (50,000) homes with crawlspaces and/or partial basements. The territory is defined by Zip Codes or other readily ascertainable geographic boundaries. This protected territory is also referred to as the Area of Primary Responsibility for the franchise.
For a prospective Crawlspace Medic franchisee, this means the franchisor will grant a territory with at least 50,000 homes that have crawlspaces or partial basements. The territory will be defined using geographical boundaries like zip codes. This is important because it defines the scope of the franchisee's exclusive operating area.
The franchisee should confirm with Crawlspace Medic how the franchisor determines the number of homes with crawlspaces or partial basements within a given zip code. This will help the franchisee assess the true potential of the territory and whether it aligns with their business goals.