When renewing an Annex Brands franchise, what documents must the franchisee and their owners execute?

According to the 2025 FDD, when renewing an Annex Brands franchise agreement, the franchisee will execute and deliver all then-current documents required by Annex Brands. Additionally, each member, partner, owner, or shareholder of the franchisee at any time during the term of the franchise will execute a Continuing Personal Guarantee, undertaking to be bound jointly and severally by all provisions of the agreement.

This means that as part of the renewal process, Annex Brands requires franchisees and their owners to reaffirm their commitment to the franchise agreement through updated documentation. The Continuing Personal Guarantee ensures that all individuals with an ownership stake in the franchise are personally liable for the franchise's obligations.

Prospective franchisees should be aware that the specific documents required for renewal may change over time, so it's important to stay informed of Annex Brands' current requirements. The personal guarantee is a standard practice in franchising, but franchisees should carefully review the terms to understand the extent of their personal liability.