How long does each Anago franchise contract last before it matures?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
THAT THIS AGREEMENT AND ALL BUSINESS DEALINGS BETWEEN YOU AND ANY INDIVIDUALS AS A RESULT OF THIS AGREEMENT, ARE ONLY BETWEEN YOU AND US.**
- (c) WE MAKE NO WARRANTY AS TO YOUR ABILITY TO OPERATE THE ANAGO UNIT FRANCHISE IN THE JURISDICTION WHERE THE ANAGO UNIT FRANCHISE IS TO BE OPERATED. IT IS YOUR OBLIGATION TO SEEK OR OBTAIN ADVICE OF COUNSEL SPECIFICALLY ON THIS ISSUE. IF LEGISLATION ENACTED BY, OR REGULATION OF, ANY GOVERNMENTAL BODY PREVENTS YOU FROM OPERATING THE ANAGO UNIT FRANCHISE, WE ARE NOT LIABLE FOR DAMAGES NOR REQUIRED TO INDEMNIFY YOU OR TO RETURN ANY MONIES RECEIVED FROM YOU.
ARTICLE 16 - TERM
SECTION 16.1 TERM.
The Term of this Agreement is 5 years from the Agreement Date, unless sooner terminated under ARTICLE 11. The conditions under which You have the opportunity of obtaining a Successor Anago Unit Franchise Agreement at the expiration of this Agreement are stated in Section 16.2.
SECTION 16.2 OPTION TO OBTAIN SUCCESSOR ANAGO UNIT FRANCHISE AGREEMENT.
- (a) You are granted unlimited options to obtain a Successor Anago Unit Franchise Agreement for Terms of 5 years each provided the following conditions are met at the time the option is exercised and immediately before the beginning of the Succeeding Term, unless another time is specified below:
- (i) You must give Us written notice of Your intention to exercise the option by submitting Your application at least 9 months but not more than 12 months before the end of the Term;
- (ii) You cannot be in default of any provision of this Agreement or any other agreement between You and Us or Our Affiliates;
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the initial term for the Anago Unit Franchise Agreement is 5 years from the agreement date. However, this is subject to earlier termination as outlined in Article 11 of the agreement.
Anago offers franchisees the option to obtain a Successor Anago Unit Franchise Agreement, allowing them to continue their franchise operation. To be eligible for a successor agreement, franchisees must meet specific conditions.
These conditions include providing written notice of intent to exercise the option between 9 and 12 months before the end of the current term, not being in default of any agreements with Anago or its affiliates, signing and delivering a Successor Anago Unit Franchise Agreement within 30 days before the end of the term, complying with all requirements imposed under the successor agreement, and signing a general release of claims against Anago and its affiliates. Each subsequent term is for 5 years, and there is no new initial fee or renewal fee for the Successor Anago Unit Franchise Agreement.