After the initial term, how often does the Windstream Service Agreement renew for Bonchon?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon expiration of the Term, this Agreement will automatically renew for successive one-month terms (each, a "Renewal Term") and WIN reserves the right to increase rates to its then-current rates.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Windstream Service Agreement automatically renews for successive one-month terms after the initial term expires. Bonchon also reserves the right to increase rates to its then-current rates upon each Renewal Term.
This means that as a Bonchon franchisee, you can expect the Windstream agreement to continue on a month-to-month basis unless you or Windstream take action to terminate it. However, Bonchon has the right to adjust the rates charged for the services at the start of each one-month renewal period, potentially impacting your operating costs.
It is important for a prospective Bonchon franchisee to factor in the possibility of rate increases when budgeting for ongoing expenses related to telecommunications and related services provided by Windstream. Franchisees should also stay informed about Windstream's current rates to anticipate any potential changes upon renewal.