What written notice period is required to renew a 1 800 Packouts franchise agreement?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
omer to you.
2. TERM
A. INITIAL TERM
The initial term of the License (the "Initial Term") shall begin on the Agreement Date and expire on the 10th anniversary of the Agreement Date.
B. RENEWAL OF FRANCHISE
You may, at your option, renew the License for an additional 10-year term (the "Renewal Term," and collectively, with the Initial Term, the "Term"), provided that:
- (1) You have given us written notice of an election to renew not less than 60 days months nor more than 6 months prior to the end of the initial term and any renewal term of this Agreement;
- (2) You are not at such time in material breach of any of your obligations under this Agreement or any other agreement with us;
- (3) You have substantially complied on a timely basis with all of the conditions and requirements of this Agreement and any other agreements with us or our affiliates throughout the terms of such agreements; and
- (4) Subject to applicable law, you and your Owners execute a general release, in a form prescribed by us, of any claims against us and our affiliates, and our and their officers, directors, agents and employees.
Each renewal will be effectuated by execution of our then-current form of franchise agreement, and all other agreements, instruments and documents then customarily used by us in gra
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to the 2025 1 800 Packouts Franchise Disclosure Document, a franchisee must provide written notice of their election to renew the license. This notice must be given not less than 60 months nor more than 6 months prior to the end of the initial term or any renewal term of the agreement.
To renew the 1 800 Packouts license for an additional 10-year term, the franchisee must not be in material breach of any obligations under the agreement or any other agreement with 1 800 Packouts. They must have also substantially complied with all conditions and requirements of the agreements on a timely basis. Additionally, subject to applicable law, the franchisee and their owners must execute a general release of any claims against 1 800 Packouts and its affiliates.
Each renewal will be effectuated by the execution of 1 800 Packouts' then-current form of franchise agreement, along with any other agreements, instruments, and documents customarily used in granting franchises for Franchised Businesses. The terms of these documents may differ from the original agreement. Upon renewal of the license, a renewal fee of $10,000 will be payable.