What is the contract term for franchise renewal agreements for Carbones Pizzeria?

According to the 2025 FDD, the contract term for a Carbones Pizzeria franchise renewal agreement is 10 years. This means that if a franchisee chooses to renew their franchise agreement after the initial term, the renewal agreement will be in effect for an additional 10 years.

This 10-year renewal term provides a Carbones Pizzeria franchisee with the opportunity to continue operating their franchise for a significant period, allowing them to build long-term relationships with customers and establish a stable business. It also gives the franchisee the security of knowing they can continue using the Carbones Pizzeria name and menu for another decade, provided they meet the terms of the renewal agreement.

However, it's important for prospective Carbones Pizzeria franchisees to understand the conditions for renewal, including any additional franchise fees that may be required. Franchisees should carefully consider their long-term business goals and financial situation before committing to a renewal term. It is also important to note that the excerpt states that there were no initial and renewal franchise fees in the year ended October 31, 2024, but this does not mean that there will not be fees in the future.