The nature of territory rights is always a hot topic for prospective franchisees. They like everything they see up to this point. Many people want an exclusive or protected area to operate their business in return for paying the upfront franchise fee. So the question often asked is, what rights do I have to a territory under my franchise agreement?
Midtown restricts direct marketing efforts based on territory, thus protecting Midtown Chimney Sweeps franchisees from having their business taken away from them by other owners. Protected territories are sometimes unique to service-based franchise opportunities, so understand all your options while doing the research. It encourages the sharing of best practices to develop the brand as a whole!
Midtown Chimney Sweeps Franchising, LLC, a Colorado limited liability company, is offering a franchise program known as Midtown Chimney Sweeps specializing in cleaning of residential and commercial chimneys and light maintenance and repair of all types of chimneys, fireplaces and other room heater appliances such as wood stoves, pellet stoves, and gas stoves. Midtown Chimney Sweeps Businesses also offer dryer vent cleaning services. The total investment necessary to begin operation of one Midtown Chimney Sweeps Business franchise ranges from $27,288 to $87,009. This includes $22,988 to $32,209 (for a single franchise with a territory of up to 110,000 households) that must be paid to the franchisor or an affiliate. For a limited time, Midtown Chimney Sweeps Franchising, LLC is offering two franchises for the price of one for up to a total of eight franchises (four that are purchased and four that are free)
With other brands you may be granted exclusive rights for a territory or only the right to operate at a specified location (like a shop in a shopping center). Some franchise systems have no territory protection, meaning other franchisees can open close by or right over the top of your area. Other terminology is sometimes used in franchise agreements such as marketing area or first right of refusal area. These terms can all have different meanings and different implications for the franchisee. Even “exclusive territories” are not always exclusive, depending on how the franchise agreement has been drafted. Talk to one of our franchise developers today by calling us directly: (720) 763-8069