CoolVu Franchise Concepts

The franchise fee of $19,900 is significantly below the automotive franchise typical range of $25,000-$49,500. What factors justify this lower fee structure, and are there additional upfront costs not reflected in the franchise fee?

The non-compete radius of 50 miles is double the typical range for automotive franchises (5-25 miles). How is this 50-mile restriction enforced post-termination, and how does it affect territory availability for prospective franchisees?

With zero closures and zero terminations over 3 years, how many units have you actively assisted with exit strategies, and what are the typical reasons franchisees choose to leave the system?

The system has grown 161% over 3 years (from 42 to 110 units). What percentage of this growth is from new unit franchisees versus company-owned units, and how has this rapid expansion affected support quality?

Item 19 financial data is disclosed. Can you provide the average or median unit volumes and typical profitability ranges by unit age and location type?

What specific products must be purchased from the franchisor or its designated affiliates, and what are the cost implications compared to independent suppliers?

All disputes are resolved through binding arbitration in Georgia. How many disputes has the franchisor pursued through arbitration in the past 3 years, even if not formally litigated?

The renewal fee is $5,000 for a 10-year renewal. Is there any cap on fee increases for the second and third renewal periods, or can fees be adjusted at the franchisor's discretion?

With only 1 transfer recorded in 2024 out of 110 units, what is the average resale value of franchise units, and how many inquiries or attempted transfers were rejected?

The technology fee is $250 annually. Does this cover all software platforms required to operate, or are there additional technology and point-of-sale costs?

The operational control clause requires franchisor approval for supplier purchases. What is the typical timeframe for supplier approval, and what percentage of submitted suppliers are denied?

With a 10-day minimum cure period for certain defaults, which specific operational defaults qualify for only 10 days versus 30 days to cure?

What percentage of current franchisees have owned their units for less than 3 years versus more than 5 years, and what does this composition tell us about franchisee satisfaction?

The system requires personal guarantees from all owners and automatic spousal obligation. Are there any circumstances under which this requirement can be waived or modified?

How many franchisees have been terminated for non-curable defaults versus curable defaults in the system's history, and what are the most common reasons?

Given the 30.95% annual unit growth rate, what is the franchisee acquisition strategy, and how are you managing territory conflicts as density increases?

Are there any regulatory investigations, complaints to state franchise administrators, or Better Business Bureau complaints filed against CoolVu in the past 3 years?

What are the minimum performance requirements or sales benchmarks that could trigger termination for non-performance, and how often are these enforced?