Question 1

Does Class 101 franchise offer exclusive territory?

Accepted Answer

Class 101 offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Class 101 franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Class 101 is 10 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Class 101 franchise?

Accepted Answer

The Class 101 franchise non-compete clause extends for 2 years within a 25-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Class 101 franchise?

Accepted Answer

Yes, Class 101 allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $19,950 applies.