What is the renewal fee for a Brain Balance franchise?
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. | 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, the franchise agreement has an initial term of 10 years. To renew the Brain Balance franchise agreement for an additional 5-year term, a franchisee must pay a renewal fee of $10,000.
In addition to the renewal fee, the franchisee must execute the current form of the franchise agreement, which may contain materially different terms and conditions than the original agreement. This means that Brain Balance can change the terms of the agreement upon renewal, and the franchisee must agree to these changes to continue operating.
Furthermore, the franchisee must be re-approved by Brain Balance to be granted a renewal. This re-approval process adds another layer of uncertainty, as Brain Balance has the right to deny the renewal if the franchisee does not meet their current standards. Therefore, franchisees should carefully consider these requirements and potential changes before deciding to renew their franchise agreement.