Question 1

Does Murphy Business & Financial Corporation franchise offer exclusive territory?

Accepted Answer

Murphy Business & Financial Corporation 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 Murphy Business & Financial Corporation franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Murphy Business & Financial Corporation is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for Murphy Business & Financial Corporation franchise?

Accepted Answer

The Murphy Business & Financial Corporation 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 Murphy Business & Financial Corporation franchise?

Accepted Answer

Yes, Murphy Business & Financial Corporation allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $5,250 applies.