Question 1

Does My Favorite Doctor franchise offer exclusive territory?

Accepted Answer

My Favorite Doctor offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the My Favorite Doctor franchise agreement term length?

Accepted Answer

The initial franchise agreement term for My Favorite Doctor is 10 years. Franchisees may renew up to 2 times for 5-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for My Favorite Doctor franchise?

Accepted Answer

The My Favorite Doctor franchise non-compete clause extends for 2 years within a 5-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a My Favorite Doctor franchise?

Accepted Answer

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