Question 1

Does Elder-Well franchise offer exclusive territory?

Accepted Answer

Elder-Well offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Elder-Well franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Elder-Well is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Elder-Well franchise?

Accepted Answer

The Elder-Well 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 Elder-Well franchise?

Accepted Answer

Yes, Elder-Well allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $12,125 applies.