Question 1

Does Steel Coated Floors franchise offer exclusive territory?

Accepted Answer

Steel Coated Floors 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 Steel Coated Floors franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Steel Coated Floors is 10 years. Franchisees may renew up to 1 time for 10-year periods. The total potential term is 20 years.

Question 3

What is the non-compete clause for Steel Coated Floors franchise?

Accepted Answer

The Steel Coated Floors 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 Steel Coated Floors franchise?

Accepted Answer

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