Are there currently any advertising cooperatives in the Crawlspace Medic system?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
chnologies, which you must use.
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- We require that you spend a minimum amount of five thousand dollars ($5,000) every quarter on local advertising, marketing and promotional programs ("Local Advertising"), and all advertising must be approved by us. There are currently no advertising cooperatives in our System. We reserve the right to create a regional advertising cooperative and to require you to contribute to this advertising cooperative in our sole discretion. Any financial contributions made by you to the advertising cooperative may be credited against your required expenditures for Local Advertising. Company-owned units may be active members of any cooperative and may possess voting power in accordance with the rules of the cooperative as we may d
Source: Item 6 — OTHER FEES (FDD pages 10–16)
What This Means (2024 FDD)
According to the 2024 Crawlspace Medic Franchise Disclosure Document, there are currently no advertising cooperatives within the Crawlspace Medic system. However, Crawlspace Medic retains the right to establish regional advertising cooperatives in the future and mandate franchisee contributions.
If Crawlspace Medic establishes an advertising cooperative, contributions to the cooperative could be credited toward the franchisee's required local advertising expenditures. Crawlspace Medic company-owned units may be active members of any cooperative and may possess voting power in accordance with the rules of the cooperative as Crawlspace Medic may determine in its sole discretion.
Crawlspace Medic requires franchisees to spend a minimum of $5,000 each quarter on local advertising, marketing, and promotional programs, with all advertising subject to franchisor approval. This local advertising is separate from the Brand Development Fund contribution, which is up to 2% of gross revenues. Franchisees should be prepared to adjust their marketing strategies and budgets if Crawlspace Medic decides to implement a regional advertising cooperative.