How many renewal terms are Carbones Pizzeria franchisees eligible for?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
the Names and Marks during the term of this Agreement.
- b. The location of the restaurant to be operated under this Agreement is set forth on the Rider (the "Restaurant") to this Agreement, and such address shall not be changed without the prior written approval of Franchisor.
2. Term and Renewal.
- a. The initial term of this Agreement shall be for a period of ten (10) years, commencing on the date of this Agreement, unless sooner terminated as provided in this Agreement.
- b. Franchisee may, at its option, renew the Franchise granted by this Agreement for one period of ten (10) years provided Franchisee: (i) is not in violation of any of the terms of this Agreement; (ii) executes the then-current form of franchise agreement used by Franchisor at that time in connection with the sale of Franchises; (iii) pays a renewal fee of One Thousand Five Hundred Dollars ($1,500) (the "Renewal Fee") at the time it provides its notice of renewal as discussed below; (iv) updates its Restaurant to meet all of Franchisor's then-current requirements; and (v) provides Franchisor with written notice of its intent to renew t
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, a franchisee can renew their franchise agreement for one additional term. The initial term of the Franchise Agreement is ten years, and franchisees have the option to renew for a single ten-year period, provided they meet certain conditions.
To be eligible for renewal, the Carbones Pizzeria franchisee must not be in violation of any terms of the existing agreement. They must also execute the then-current form of the franchise agreement used by Carbones Pizzeria at the time of renewal. Additionally, the franchisee is required to pay a renewal fee of $1,500 at the time they provide notice of their intent to renew.
Furthermore, the franchisee must update their restaurant to meet all of Carbones Pizzeria's then-current requirements. Finally, the franchisee must provide Carbones Pizzeria with written notice of their intent to renew the franchise not less than 180 days and not more than 365 days prior to the expiration of the initial ten-year term. Meeting these conditions ensures the franchisee can continue operating under the Carbones Pizzeria brand for another ten years.