Question 1

Does The Hot Spot Studios franchise offer exclusive territory?

Accepted Answer

The Hot Spot Studios offers Exclusive territory protection to its franchisees. This means no other franchisee can open in your designated area.

Question 2

What is the The Hot Spot Studios franchise agreement term length?

Accepted Answer

The initial franchise agreement term for The Hot Spot Studios is 5 years. Franchisees may renew up to 5 times for 5-year periods. The total potential term is 30 years.

Question 3

What is the non-compete clause for The Hot Spot Studios franchise?

Accepted Answer

The The Hot Spot Studios franchise non-compete clause extends for 2 years within a 20-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a The Hot Spot Studios franchise?

Accepted Answer

Yes, The Hot Spot Studios allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $12,500 applies.