How long will Burros Fries take to respond to a franchisee's written notice to renew?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee shall have the option to renew this Agreement for up to two (2) additional terms of ten (10) years each, provided we are still offering franchises at that time, and further subject to the following conditions, all of which must be met prior to renewal:
-
- Franchisee shall give us written notice of its election to renew not more that twelve (12) months and not less than six (6) months prior to the end of the then current term. We will respond to Franchisee's written notice to renew no later than thirty (30) days after receipt of such notice by email or any other form of written communication;
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, Burros Fries will respond to a franchisee's written notice to renew the franchise agreement no later than 30 days after receiving the notice.
To renew their franchise agreement, a franchisee must provide Burros Fries with written notice of their election to renew. This notice must be given not more than 12 months and not less than 6 months before the end of the current term. Meeting this deadline is crucial for franchisees who wish to continue operating under the Burros Fries brand.
It is important for prospective franchisees to understand the renewal terms, as failing to adhere to these stipulations may result in the franchisee losing the opportunity to renew their agreement. Franchisees should mark these dates on their calendars and ensure timely submission of their renewal notice to maintain their franchise rights with Burros Fries.