How many times can a Beverly Anns Cookie franchise term be renewed or extended?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 17: RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION]
| Provision | Section in Franchise Agreement/Additional Franchise Reservation Agreement | Summary |
|---|---|---|
| (i) Franchisee's obligations on termination/non-renewal | Sections 18.3 and 25/Not Applicable | Obligations include ceasing operating the Beverly Ann's Business; ceasing use of all confidential information, trade secrets and trademarks; delivering property containing the trademarks; cancelling assumed similar name registrations; payment of outstanding amounts and damages; return of Brand Manual; assignment of phone numbers to us; and compliance with all other covenants. |
| (j) Assignment of contract by franchisor | Section 15/Section 7 | No restriction on our right to assign. |
| (k) "Transfer" by Franchisee - definition | Section 16.1/Not Applicable | Includes any voluntary, involuntary, direct, or indirect assignment, sale, gift, exchange, grant of a security interest, or change of ownership in you (if you are an entity), the GRM/GRT, Franchise Agreement, the Beverly Ann's Cookies Franchise or any interest in the Beverly Ann's Cookies Franchise. |
| (l) Franchisor's approval of transfer by Franchisee | Sections 16.1/Not Applicable | We have the right to approve all transfers, including the transfer of Additional Equipment. |
| (m) Conditions for franchisor's approval of transfer | Section 16.3/Not Applicable | Our requirements for approving the transfer of this Franchise Agreement include, but are not limited to: full compliance with the Franchise Agreement; all amounts paid in full; completion of training; transfer fee paid; agreement of transferee to all terms of Franchise Agreement; the execution of other possible documents including a general release; the transferee meets certain suitability requirements and passes our training program; the transferee and its owners or affiliates and family members are not involved in a competitive business; the transferee agrees to remodel the GRM/GRT and any Additional Equipment; the transferee has been provided the financial information of the business; Seller must provide two years of KonaOS data to buyer. If they do not use KonaOS, they must provide two years financial information and two years of tax returns. You must provide proof that transferee consulted with one of the following: attorney, banker, financial advisor or business broker and we will be reimbursed for the fees of our broker or other placement |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 49–54)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, Item 17 addresses renewal, termination, transfer, and dispute resolution. However, the provided excerpts do not contain specific information regarding the number of times a Beverly Anns Cookie franchise term can be renewed or extended. The table summarizes various provisions related to these topics, such as the franchisee's obligations upon termination or non-renewal, conditions for transfer, and dispute resolution processes, but it does not mention the possibility or limitations on renewals.
A prospective Beverly Anns Cookie franchisee should carefully review the full Franchise Agreement for details about renewal terms and conditions. Understanding the length of the initial term and the options for renewal is crucial for long-term business planning.
To gain clarity, a potential franchisee should ask the franchisor directly about the renewal process, including the length of each renewal term, any associated fees, and the criteria for granting a renewal. This information is essential for making an informed decision about investing in a Beverly Anns Cookie franchise.