Can you provide detailed financial performance data or Item 19 disclosure information, given the Financial Performance score of 40/100 is notably below typical range?
#1
What explains the exceptionally low technology fee of $100 monthly compared to the typical range of $156.50-$599.00 for home services franchises, and are there plans to increase this fee?
#2
Given the contract includes 23 termination cause events (above the typical 14-21 range), can you itemize which specific causes are unique to True Install and explain the business rationale for each?
#3
With only 3 franchised units in operation, how representative are exit metrics showing 0% turnover? When do you project having sufficient unit data to provide reliable performance benchmarks?
#4
Of the 2 total litigation cases on record, can you provide the details, outcomes, and dollar amounts involved in each case?
#5
The contract specifies 20 non-curable default events. Can you list all 20 events and clarify whether franchisees have any opportunity to cure before termination is enforced?
#6
How will the binding arbitration clause with individual-basis-only disputes impact a franchisee's ability to join class actions if multiple franchisees experience similar issues?
#7
What specific remodeling and expansion requirements must be met to renew the franchise after the initial 10-year term, and what are the estimated costs?
#8
The territory is protected but not exclusive. Can the franchisor place another franchisee within your 25-mile protected territory, and under what circumstances?
#9
How is the $11,250 transfer fee calculated, and does it apply if you sell the franchise back to the franchisor?
#10
Given the Ongoing Fees score of 60 is below the typical 62.0, what additional or hidden fees should franchisees expect beyond the 7% royalty, 2% ad fund, and $100 technology fee?
#11
Can you explain the Risk Factors score of 78 (above typical 58-76 range) and what specific risks were identified in that assessment?
#12
What support and training specifics lead to the Support & Training score of 95, which exceeds typical range of 79-90?
#13
Are there renewal fee costs not specified in the contract, and if none exist, is this confirmed in writing?
#14
What happens to the 2-year, 25-mile non-compete if you sell your franchise to another franchisee versus if the franchisor terminates you?
#15
How many of the 2 existing franchisees (besides the franchisor's company unit, if any) can you connect me with for reference calls?
#16
Given the 50% unit growth rate in 1 year, what is the franchisor's projected growth timeline for the next 3 years, and are there any unit sales targets or quotas franchisees must meet?
#17
The dispute resolution clause requires individual arbitration with class action waivers. Has the franchisor faced any regulatory challenges regarding this clause in the home services industry?
#18