Question 1

Does Sir Speedy franchise offer exclusive territory?

Accepted Answer

Sir Speedy 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 Sir Speedy franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Sir Speedy is 20 years. Franchisees may renew up to 1 time for 20-year periods. The total potential term is 40 years.

Question 3

What is the non-compete clause for Sir Speedy franchise?

Accepted Answer

The Sir Speedy 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 Sir Speedy franchise?

Accepted Answer

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