Question 1

Does CoolVu Franchise Concepts franchise offer exclusive territory?

Accepted Answer

CoolVu Franchise Concepts offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the CoolVu Franchise Concepts franchise agreement term length?

Accepted Answer

The initial franchise agreement term for CoolVu Franchise Concepts is 10 years. Franchisees may renew up to 2 times for 10-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for CoolVu Franchise Concepts franchise?

Accepted Answer

The CoolVu Franchise Concepts franchise non-compete clause extends for 2 years within a 50-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a CoolVu Franchise Concepts franchise?

Accepted Answer

Yes, CoolVu Franchise Concepts allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $7,500 applies.