What is the financial threshold for purchasing additional territories for a Mr. Sandless franchise?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
tantial compliance with the terms and conditions of this Agreement, we will not establish or locate, or grant any third party the right to establish or locate, another Mr. Sandless Business using the System and Proprietary Marks within the Designated Territory, except as set forth in Section 2.2 below. This Agreement does not grant you any other territorial rights. Notwithstanding the foregoing, if y
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, franchisees in good standing have the option to expand their business by purchasing additional territories. Each territory is defined as having a population of approximately 100,000 people. However, the agreement stipulates that a franchisee can purchase no more than four additional territories under the existing franchise agreement.
To acquire each additional territory, a Mr. Sandless franchisee must pay a fee of $5,000. This fee is specifically for the expansion of the territory and is in addition to any other fees or costs associated with operating the franchise. Upon purchasing an additional territory, the franchise agreement's Attachment 2, which details the territory, will be amended to reflect the new, expanded territory.
This option allows existing Mr. Sandless franchisees to grow their business within the brand, provided they meet the brand's qualifications and are in compliance with the franchise agreement. It's important for prospective franchisees to understand these expansion possibilities and the associated costs, as it can be a key factor in long-term business planning and investment strategy. The franchisor's approval is needed for any territory expansions.