Question 1

Does Loyalty Business Brokers franchise offer exclusive territory?

Accepted Answer

Loyalty Business Brokers offers None territory protection to its franchisees. This means other franchisees may be permitted to open locations near yours.

Question 2

What is the Loyalty Business Brokers franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Loyalty Business Brokers is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for Loyalty Business Brokers franchise?

Accepted Answer

The Loyalty Business Brokers 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 Loyalty Business Brokers franchise?

Accepted Answer

Yes, Loyalty Business Brokers allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.