Question 1

Does Nowlogy Psychology Experts franchise offer exclusive territory?

Accepted Answer

Nowlogy Psychology Experts offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Nowlogy Psychology Experts franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Nowlogy Psychology Experts 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 Nowlogy Psychology Experts franchise?

Accepted Answer

The Nowlogy Psychology Experts 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 Nowlogy Psychology Experts franchise?

Accepted Answer

Yes, Nowlogy Psychology Experts allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $20,000 applies.