Question 1

Does ITEX Corporation franchise offer exclusive territory?

Accepted Answer

ITEX Corporation offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the ITEX Corporation franchise agreement term length?

Accepted Answer

The initial franchise agreement term for ITEX Corporation is 5 years. The total potential term is 5 years.

Question 3

What is the non-compete clause for ITEX Corporation franchise?

Accepted Answer

The ITEX Corporation franchise non-compete clause extends for 2 years within a 150-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a ITEX Corporation franchise?

Accepted Answer

Yes, ITEX Corporation allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $2,000 applies.