Question 1

Does Status Solutions Network franchise offer exclusive territory?

Accepted Answer

Status Solutions Network offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the Status Solutions Network franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Status Solutions Network 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 Status Solutions Network franchise?

Accepted Answer

The Status Solutions Network 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 Status Solutions Network franchise?

Accepted Answer

Yes, Status Solutions Network allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $15,000 applies.