What evidence regarding the lease must an Amorino franchisee provide as a condition of renewal?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) no later than 30 days prior to the expiration of the current term, provide evidence that you have a valid and existing lease to occupy the Store premises for the length of the renewal term and that we retain the same rights under the Lease that we had during the initial term to occupy the premises under a collateral assignment of Lease.
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, a franchisee must provide evidence of a valid lease to occupy the store premises for the length of the renewal term as a condition of renewal. This evidence must be provided no later than 30 days prior to the expiration of the current term.
Specifically, Amorino requires that it retains the same rights under the lease during the renewal term as it did during the initial term. This is achieved through a collateral assignment of the lease, ensuring Amorino's interests are protected throughout the franchise agreement, including any renewals.
This requirement ensures that the franchisee has a secure location for the duration of the renewed franchise term and that Amorino maintains control over the location, which is crucial for maintaining brand consistency and operational standards. The franchisee bears the responsibility of securing the lease and providing the necessary documentation to Amorino within the specified timeframe.