What section of the Bumper Man franchise agreement covers the requirements for renewal or extension of the term?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
attached to this disclosure document.**
| Provision | Agreement | Summary |
|---|---|---|
| a. Term of the franchise | Section 3(a) | Five years. |
| b. Renewal or extension of | Section 3(b) | Seven additional five-year terms. |
| term | ||
| c. Requirements for you to renew or extend | Section 3(b) | Your renewal right permits you to remain as a franchisee after the initial term of your Franchise Agreement expires. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 33–38)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, the requirements for renewal or extension of the franchise term are detailed in Section 3(b) of the Franchise Agreement. Item 17 outlines that a franchisee has the right to renew their franchise agreement, allowing them to continue operating as a franchisee after the initial term expires.
To exercise this renewal right, a franchisee must meet all the conditions required by Bumper Man. This includes signing the franchisor's then-current form of franchise agreement, which implies that the terms and conditions may have changed since the original agreement.
This is a fairly standard practice in franchising, as franchisors typically update their franchise agreements periodically to reflect changes in the market, legal requirements, or the Bumper Man system itself. Therefore, franchisees should carefully review the new franchise agreement to understand any differences from their original agreement before committing to a renewal.