Are there currently any purchasing or distribution cooperatives for Crawlspace Medic franchisees?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
Currently, our System has no regional advertising fund or cooperative. However, we may decide to establish a regional fund or cooperative in the future and your participation may be mandatory, in our sole discretion. A regional cooperative will be comprised of all franchised Crawlspace Medic outlets in a designated geographic area. Our affiliateowned outlets may participate in a regional cooperative, in our sole discretion. Each Crawlspace Medic outlet will have one vote in the cooperative. We will determine in advance how each cooperative will be organized and governed. We have the right to form, dissolve, merge or change the structure of the cooperatives. If a cooperative is established during the term of your Franchise Agreement, you must sign all documents we request and become a member of the cooperative according to the terms of the documents.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 20–21)
What This Means (2024 FDD)
According to Crawlspace Medic's 2024 Franchise Disclosure Document, there are currently no purchasing or distribution cooperatives. However, the document does mention regional advertising cooperatives.
Crawlspace Medic's system currently does not have a regional advertising fund or cooperative. However, Crawlspace Medic may decide to establish one in the future, and franchisee participation may be mandatory at their sole discretion. The regional cooperative would include all franchised Crawlspace Medic outlets within a specific geographic area. Crawlspace Medic's affiliate-owned outlets may participate in the regional cooperative at their discretion. Each Crawlspace Medic outlet will have one vote in the cooperative.
Crawlspace Medic will determine how each cooperative will be organized and governed and has the right to form, dissolve, merge, or change the structure of the cooperatives. If a cooperative is established during the term of the Franchise Agreement, franchisees must sign all required documents and become a member according to the terms of the documents. Franchisees must contribute the required amounts if a regional advertising fund or cooperative is established. These contributions will be in addition to the required contributions to the Brand Fund.