What is the deadline for a Brain Balance franchisee to provide written notice to extend the franchise term?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise Agreement (or Satellite Franchise Agreement, if different) | Summary | |
|---|---|---|---|
| a. | Term of the Franchise | 4.01 | 10 years |
| b. | Renewal or Extension of the Term | 4.02 | The Franchise Agreement may be extended for an additional term of 5 years unless you give written notice at least 3 months but not more than 6 months prior to expiration of the current term. |
| c. | Requirements for You to Renew or Extend | 4.02 | Execute the current form of the Franchise Agreement and pay a renewal fee equal to |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 54–61)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, the franchise agreement has an initial term of 10 years. To extend the franchise agreement for an additional 5-year term, a Brain Balance franchisee must provide written notice to Brain Balance at least 3 months prior to the expiration of the current term. However, this notice cannot be provided more than 6 months prior to the current term's expiration.
To renew the franchise agreement, the franchisee must execute the current form of the franchise agreement and pay a renewal fee of $10,000. The 2025 FDD states that the franchisee may be asked to sign a contract with materially different terms and conditions than their original agreement.
It is important for a prospective Brain Balance franchisee to understand these renewal terms, as they dictate the process and conditions under which they can continue operating their franchise beyond the initial 10-year term. Failing to provide timely notice or meet the renewal requirements could result in the termination of the franchise agreement.