Question 1

Does ACFN (American Consumer Financial Network) franchise offer exclusive territory?

Accepted Answer

ACFN (American Consumer Financial Network) offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the ACFN (American Consumer Financial Network) franchise agreement term length?

Accepted Answer

The initial franchise agreement term for ACFN (American Consumer Financial Network) is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for ACFN (American Consumer Financial Network) franchise?

Accepted Answer

The ACFN (American Consumer Financial Network) franchise non-compete clause extends for 2 years within a 100-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a ACFN (American Consumer Financial Network) franchise?

Accepted Answer

Yes, ACFN (American Consumer Financial Network) allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.