Where in the Buff City Soap Development Agreement can I find the length of the franchise term?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Development Agreement | Summary | |
|---|---|---|---|
| a. | Length of the franchise term | 3(a) and Exhibit A | The Development Term expires on the earlier of the expiration date stated in the Summary Page of the Development Agreement or the date on which you open the required cumulative number of Makeries in the Territory. |
| b. | Renewal or extension | N/A | You may not renew the Development Agreement. |
| of the term |
Source: Item 16 — Restrictions on What the Franchisee May Sell (FDD pages 49–59)
What This Means (2025 FDD)
According to Buff City Soap's 2025 Franchise Disclosure Document, the length of the franchise term within the Development Agreement is detailed in Section 3(a) and Exhibit A. The Development Term will expire either on the expiration date stated in the Summary Page of the Development Agreement, or on the date when the franchisee opens the required cumulative number of Makeries in the Territory.
It is important for a prospective Buff City Soap franchisee to carefully review both Section 3(a) and Exhibit A of the Development Agreement, along with the Summary Page, to fully understand the specific terms and conditions related to the franchise term. This includes noting the stated expiration date and the requirements for opening Makeries within the designated territory.
Unlike many franchise agreements, the Buff City Soap Development Agreement cannot be renewed. Understanding the termination conditions outlined in Section 12 of the Development Agreement is also crucial. Buff City Soap may terminate the Development Agreement if the franchisee defaults or fails to comply with their obligations, or if any Franchise Agreement between the parties is terminated.