How many additional consecutive five-year terms can an Amorino franchisee renew for?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. Renewal Terms. You may renew your franchise rights for two additional consecutive five-year terms, provided that this Agreement has not been validly terminated for any reason prior to the expiration of the then-current term, and provided you:
- (1) give us written notice of your intent to renew the franchise at least three months (but no more than six months) prior to expiration of the initial or current renewal term;
- (2) are not in Default of this Agreement (on the date you give notice of renewal or on the date that the new term will commence) and no event has occurred and is continuing which by the giving of notice or the expiration of any cure period would constitute a Default under this Agreement, or any successor franchise agreement (as applicable) and have substantially complied with the terms and conditions of this Agreement or any successor franchise agreement (as applicable) throughout the term;
- (3) complete any training we require and complete the renovations and updates to the Store described in Section 2.C(1);
- (4) no later than 30 days prior to the expiration of the current term, sign, and have each person who has guaranteed your obligations under this Agreement sign, a general release in a form satisfactory to us, of Amorino and our subsidiaries and Affiliates and our/their respective officers, directors, managers, members, shareholders, and partners in our/their corporate and individual capacities;
- (5) no later than 30 days prior to the expiration of the current term, (a) pay a renewal fee equal to twenty five percent (25%) of our then current initial franchise fee for each five years of renewal, at the same time that you (b) sign an amendment to this Agreement to reflect any new terms of our then-current form of franchise agreement, or at our option, sign the then-current form of franchise agreement or an agreement stipulating renewal of this Agreement;
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, a franchisee can renew their franchise agreement for two additional consecutive five-year terms. This is contingent upon the agreement not being terminated for any reason before the current term expires.
To qualify for renewal, the franchisee must provide written notice of their intent to renew at least three months (but no more than six months) before the current term expires. They must also not be in default of the agreement, and must have substantially complied with its terms throughout the term.
Additionally, the franchisee must complete any required training and store renovations, sign a general release, pay a renewal fee equal to 25% of the then-current initial franchise fee for each five-year renewal, and sign an amendment to reflect any new terms in Amorino's current franchise agreement. They must also ensure that any guarantors of their obligations sign a renewal or reaffirmation of their guarantee and provide evidence of a valid lease for the renewal term, with Amorino retaining the same rights under the lease.