Under what conditions can a Deck Medic franchisee's Operating Territory be supplemented with Additional Territories?

According to Deck Medic's 2024 Franchise Disclosure Document, a franchisee's Operating Territory can be supplemented with Additional Territories if, at the time of signing the Franchise Agreement, both Deck Medic and the franchisee agree to it. These Additional Territories are included within the Operating Territory identified in Schedule 1 of the agreement. Schedule 2 quantifies these Additional Territories for the purpose of calculating the Initial Franchise Fee and other obligations.

This agreement to supplement the Operating Territory with Additional Territories must occur when the Franchise Agreement is initially signed. The number of Additional Territories and the total number of territories are documented in Schedule 2 of the Franchise Agreement. This schedule also confirms the Initial Franchise Fee associated with the territory size.

For a prospective Deck Medic franchisee, this means that the opportunity to expand the initial territory must be negotiated and agreed upon upfront. It is crucial to carefully consider the potential benefits and costs of adding Additional Territories, as this decision will impact the Initial Franchise Fee and ongoing obligations. Franchisees should discuss their growth plans with Deck Medic during the negotiation phase to determine the optimal territory size for their business goals.