conditional

Under what conditions will Amorino NOT terminate the agreement if the lease expires?

Amorino Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (12) If the term of your lease expires or if your right to possession of your Amorino premises is otherwise lost without you being at fault, we will not terminate this Agreement as long as you relocate and reopen your Amorino store within 180 days from the date on which your prior lease terminated.

The provisions of this Agreement will apply to the location, lease and design approval, equipping and other features of your relocated Amorino facility and the term of this Agreement will be extended by the amount of time between the termination of your prior lease and the opening of your relocated facility;

Source: Item 22 — CONTRACTS (FDD pages 80–81)

What This Means (2025 FDD)

According to Amorino's 2025 Franchise Disclosure Document, Amorino will not terminate the franchise agreement if the lease expires or the franchisee loses possession of the premises, provided the franchisee was not at fault. To avoid termination, the franchisee must relocate and reopen the Amorino store within 180 days from the date the prior lease terminated.

Several conditions apply to the relocation. The terms of the franchise agreement will extend by the amount of time between the termination of the prior lease and the opening of the relocated facility. The new location, lease, design, and equipping of the relocated Amorino facility must adhere to the standards outlined in the franchise agreement.

This provision offers a degree of security for Amorino franchisees, ensuring that a lease expiration does not automatically lead to termination. However, it places the onus on the franchisee to act swiftly and diligently in securing a new location and reopening the store within the specified timeframe. Franchisees should be aware of the potential costs associated with relocation and the importance of maintaining good standing with Amorino to take advantage of this clause.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.