Question 1

Does Perkins Restaurant & Bakery franchise offer exclusive territory?

Accepted Answer

Perkins Restaurant & Bakery 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 Perkins Restaurant & Bakery franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Perkins Restaurant & Bakery is 20 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for Perkins Restaurant & Bakery franchise?

Accepted Answer

The Perkins Restaurant & Bakery 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 Perkins Restaurant & Bakery franchise?

Accepted Answer

Yes, Perkins Restaurant & Bakery allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $10,000 applies.