What is the renewal fee for an Alloy franchise?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
15.P below and the Data Sheet and ends 10 years from the date of this Agreement, subject to any modifications in the Data Sheet to take into account the term of the lease for your Authorized Location.
- B. Renewal. You will have the option to renew your rights under this Agreement for one (1) renewal term of 10 years. We may grant you the option to enter into a renewal agreement for your Facility provided that with respect to the renewal agreement: (i) you have given us written notice of your intent to enter into a renewal agreement at least 6 months but not more than 12 months prior to the end of the expiring term; (ii) you sign our then-current form of franchise agreement (modified to reflect that the agreement relates to a renewal agreement), the terms of which may differ from this Agreement, including higher fees; (iii) you have complied with the provisions of subparagraph 5.E regarding modernization and you perform any further items of modernization and/or replacement of the building, premises, trade dress, equipment and grounds as may be necessary for your Facility to conform to the standards then applicable to new ALLOY facilities, regardless of the cost of such modernizations and/or replacements; (iv) you are not in default of this Agreement or any other agreement pertaining to the franchise granted, you have not been in default of this Agreement on three or more occasions during the term of this Agreement, regardless of whether any cure has been effectuated, have satisfied all monetary and material obligations on a timely basis during the term, and are in good standing; (v) if leasing the Facility premises, you have renewed the lease and have provided written proof of your ability to remain in possession of the premises throughout the renewal pe
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 51–56)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, franchisees have the option to renew their franchise agreement for one additional term of 10 years. To renew the Alloy franchise, the franchisee must pay a renewal fee of $5,000.
However, several conditions must be met to qualify for renewal. The franchisee must provide written notice of their intent to renew at least 6 months, but no more than 12 months, before the current term expires. They must also sign the then-current form of the franchise agreement, which may have different terms and potentially higher fees than the original agreement.
Additionally, Alloy requires that the franchisee comply with modernization requirements, address any necessary building or equipment upgrades to meet current brand standards, remain in good standing with no outstanding defaults, and ensure their facility lease is extended for the renewal period. Franchisees must also meet Alloy's then-current training requirements and execute a general release of claims.