an area development agreement is a an
agreement that gives a franchisee
the right to develop multiple units
within a specific territory it’s
actually sometimes referred to as a
multi-unit development agreement and
what it does is it says that the
franchisee can open a defined number
agreement it may be a number of
franchises it may be three it may be ten
maybe it may be more there’s usually a
schedule that says you’re going to open
one every six months every eight months
whatever it’s going to be and there is a
defined territory that territory could
be a county it could be uh you know a
local area it could even be a state but
it defines where the franchisee can open
it includes the schedule and it gives
the franchisee the right to open
multi-units or multiple units within
that territory