factual

Must a Brain Balance franchisee be re-approved to renew the franchise agreement?

Brain_Balance Franchise · 2025 FDD

Answer 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. Requirements for You to Renew or Extend 4.02 Execute the current form of the Franchise Agreement and pay a

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 must be re-approved to renew their Franchise Agreement. The initial term of the Franchise Agreement is 10 years, but it can be extended for an additional 5-year term if the franchisee provides written notice at least 3 months, but not more than 6 months, before the current term expires.

To renew the agreement, a Brain Balance franchisee must 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.

This re-approval requirement means that Brain Balance has the right to deny a renewal if they deem the franchisee is not meeting their standards or if other issues arise. This is a standard practice in franchising, allowing the franchisor to maintain brand consistency and quality across all locations. Prospective franchisees should consider this re-approval process and ensure they maintain a good working relationship with Brain Balance to increase their chances of renewal.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.