For Crawlspace Medic, under what condition is a fourth outlet development date applicable?

According to Crawlspace Medic's 2024 Franchise Disclosure Document, the mandatory development schedule requires the second location to open within one year of the first, with subsequent locations opening at least every year thereafter. However, the document specifies that if Crawlspace Medic determines that a physical location is not required for each Franchise Agreement within the Development Agreement, the mandatory development schedule in section 5.2 will refer to the date the franchisee begins operating.

This means that the standard one-year-per-location development timeline could be adjusted if Crawlspace Medic waives the requirement for a physical location for each franchise. In this case, the development schedule would be based on the date the franchisee starts operating, rather than the date a physical location is secured.

For a prospective Crawlspace Medic franchisee, this offers some flexibility. If the franchisor deems it unnecessary to have a physical location for each franchise agreement, the franchisee may have more time to develop and open subsequent locations, as the timeline would be tied to the start of operations rather than lease execution. It is important to note that Crawlspace Medic has sole discretion over waiving the physical location requirement.