On what date does the initial Bigfoot Forestry franchise term expire?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| PROVISION | SECTIONS IN AGREEMEN T | SUMMARY | |
|---|---|---|---|
| a. Length of franchise term | FA: 1 (definition of Term) & 4.1 ADA: 1 (definition of Term) | Term is equal to 10 years. Term expires on the opening date listed in the development schedule for the last Bigfoot Forestry Business you are required to develop. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 33–36)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the initial franchise term is 10 years. The franchise term expires on the opening date listed in the development schedule for the last Bigfoot Forestry Business the franchisee is required to develop.
This means that the expiration date is not a fixed date from signing the agreement, but rather depends on the franchisee's development schedule. The development schedule outlines when each Bigfoot Forestry Business must be opened. The franchise agreement continues for 10 years, concluding at the opening date of the final required location.
For a prospective franchisee, this highlights the importance of carefully reviewing the development schedule and understanding its implications for the overall term of the franchise agreement. It also means that the term length could vary among franchisees depending on their individual development schedules.