Question 1

Does Ike's Love & Sandwiches franchise offer exclusive territory?

Accepted Answer

Ike's Love & Sandwiches 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 Ike's Love & Sandwiches franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Ike's Love & Sandwiches 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 Ike's Love & Sandwiches franchise?

Accepted Answer

The Ike's Love & Sandwiches franchise non-compete clause extends for 2 years within a 20-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Ike's Love & Sandwiches franchise?

Accepted Answer

Yes, Ike's Love & Sandwiches allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $5,000 applies.