What are the conditions for a Buns On Fire franchisee to renew or extend their franchise term?

According to Buns On Fire's 2025 Franchise Disclosure Document, the franchise agreement has an initial term of 10 years, with an option for one additional term of 10 years. To renew the franchise agreement, a Buns On Fire franchisee must be in substantial compliance with the existing agreement and pay the renewal fee. The franchisee may also be required to remodel their location at their own expense.

Buns On Fire may require franchisees to sign a contract with materially different terms and conditions than the original agreement. Franchisees must also comply with any new training requirements and provide notice of their intention to renew not less than twelve (12) months nor more than eighteen (18) months before the expiration of the current agreement. Additionally, Buns On Fire may require the franchisee to sign a general release in favor of the company as part of the renewal process.

These conditions are fairly standard in the franchise industry, as franchisors often update their agreements to reflect changes in the market, legal requirements, or their own business practices. The potential requirement to remodel the location at the franchisee's expense can be a significant cost, and the possibility of materially different terms in the renewal contract introduces some uncertainty. Franchisees should carefully consider these factors and seek professional advice before deciding to renew their Buns On Fire franchise agreement.