Question 1

Does The Red Collection franchise offer exclusive territory?

Accepted Answer

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

Question 2

What is the The Red Collection franchise agreement term length?

Accepted Answer

The initial franchise agreement term for The Red Collection 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 The Red Collection franchise?

Accepted Answer

The The Red Collection franchise non-compete clause extends for 0 years within a 0-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a The Red Collection franchise?

Accepted Answer

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