Sparks Franchise Opportunity

"Own and Manage your own Sparks Vape Store franchise"

Whats in the franchise agreement?

  1. Summary
  2. Q&A
  • The franchise agreement is an important document for both of us and therefore we have taken advice from a specialist consultancy firm and lawyer with franchise experience and affiliated with the British Franchise Association – BFA.
  • The franchise agreement sets out the role and support the franchisor will provide to (a) get you started and then (b) ongoing support and advice with the day to day operation of your Sparks franchise.
  • The agreement will also clearly set out the day to day responsibilities that the franchisee has when operating the business and providing the service to their customers.
  • The Sparks franchise agreement will also meet the best practice criteria expected by the BFA and the main high street banks.
  • The franchise agreement and the Sparks operating manual are closely linked and this topic can be discussed and explained in more detail at the appropriate time

Q How long does the agreement last and what happens at the end?
A The franchise agreement term is 5 years and the franchisee has the right to renew.
Q What does it cost to renew?
A There is a modest fee (£900) to cover agreement updates and other administration costs
Q Can I sell my franchise?
A Yes you can provided the buyer has the necessary funds and successfully completes the franchisor’s recruitment process
Q Does the agreement define my territory?
A Yes it does. The agreement sets out clearly your defined exclusive territory and the trade marks associated with the franchise that you can use as set out in the agreement

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