What is the earliest a Brain Balance franchisee can give written notice to extend the franchise agreement?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
ble lists certain important provisions of the Franchise and related agreements. You should read these provisions in the agreements attached to this Disclosure 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. |
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, a franchisee can extend the franchise agreement for an additional 5 years. To do so, the franchisee must provide written notice to Brain Balance at least 3 months, but no more than 6 months, before the current 10-year term expires.
In practical terms, this means a Brain Balance franchisee needs to mark their calendar to remember this notification window. If they miss the window, they may lose their chance to renew the franchise agreement. The earliest a franchisee can provide written notice to extend the franchise agreement is 6 months prior to the expiration of the current term.
It's important to note that Brain Balance may require the franchisee to execute the current form of the Franchise Agreement, which may contain materially different terms and conditions than the original agreement. Additionally, the franchisee must pay a renewal fee of $10,000 and be re-approved by Brain Balance. This is a fairly standard renewal process in franchising, but the potential for new terms and re-approval adds an element of uncertainty for the franchisee.