Question 1

Does Town Square Franchising LLC franchise offer exclusive territory?

Accepted Answer

Town Square Franchising LLC 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 Town Square Franchising LLC franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Town Square Franchising LLC 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 Town Square Franchising LLC franchise?

Accepted Answer

The Town Square Franchising LLC franchise non-compete clause extends for 2 years within a 5-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Town Square Franchising LLC franchise?

Accepted Answer

Yes, Town Square Franchising LLC allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $25,000 applies.