factual

On what date was the U.S. Patent No. 11,123,456 issued to Spray-Net Franchises Inc.?

Spray_Net Franchise · 2025 FDD

Answer from 2025 FDD Document

U.S. Patent No. 11,123,456 was issued to our affiliate, Spray-Net Franchises Inc., on March 15, 2025 for a method for rejuvenating a roof and roof coating composition. This is a utility patent, and the term of this patent is for 20 years. You will utilize this system and method in your operation of a Franchised Business.

Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD pages 53–55)

What This Means (2025 FDD)

According to Spray Net's 2025 Franchise Disclosure Document, U.S. Patent No. 11,123,456 was issued to Spray-Net Franchises Inc. on March 15, 2025. This patent covers a method for rejuvenating a roof and roof coating composition. The document specifies that this is a utility patent with a term of 20 years, and franchisees will utilize this system and method in their operation of a franchised business.

This patent grant provides Spray Net with a legally protected right to exclude others from using, selling, or manufacturing the patented roof rejuvenation method and coating composition for the duration of the patent term. For a franchisee, this means they are authorized to use this patented technology as part of their Spray Net business operations, potentially offering a unique service that competitors cannot easily replicate.

The FDD emphasizes that franchisees receive a non-exclusive license to use patented subject matter, meaning Spray Net can license the same patent to other franchisees or even use it themselves. While the franchisee can utilize the patented method, they do not own the patent rights. The FDD also states that if a franchisee develops any inventions or improvements related to the franchised business, these improvements automatically become the property of Spray Net without compensation to the franchisee.

Prospective franchisees should understand the implications of using patented technology and the restrictions on intellectual property development. While the patent provides a competitive advantage, franchisees must adhere to the terms of the franchise agreement regarding its use and any potential improvements they might develop. It is important to clarify with Spray Net the scope of the license and any limitations on its use within the franchised business.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.