What are the two possible designations for a Dryer Vent Squad Operating Territory?

According to the 2024 Dryer Vent Squad Franchise Disclosure Document, a franchisee's operating territory can be designated as either a "Single Territory" or a "Double Territory." The specific designation is determined and identified in Schedule 2 of the Franchise Agreement.

A "Single Territory," as determined by Dryer Vent Squad, generally includes an aggregate population of approximately 250,000 to 350,000 people, based on raw data without reference to demographics. This means the franchisor estimates the potential customer base solely on population size.

The designation of the territory impacts the franchisee because they may only operate the franchised business within their assigned Operating Territory and can only offer and sell approved services and products within that territory. Dryer Vent Squad and its affiliates will not operate or grant another franchise within the franchisee's Operating Territory, provided the franchisee remains in compliance with the Franchise Agreement and the territory has been designated and approved by Dryer Vent Squad.

Prospective franchisees should carefully review Schedule 2 of the Franchise Agreement to understand whether they are being granted a Single or Double Territory and what the implications are for their potential market size and revenue.