Is there an additional franchise fee to renew the Carbones Pizzeria agreement?

According to Carbones Pizzeria's 2025 Franchise Disclosure Document, when the initial franchise agreement expires, the franchisee may have to pay an additional franchise fee to renew the agreement. The initial franchise agreement lasts for 10 years, commencing either when the restaurant opens or twelve months after the franchise agreement was signed, whichever comes first. The renewal franchise agreement also has a contract term of 10 years.

This means that a Carbones Pizzeria franchisee should be prepared to potentially pay another franchise fee if they want to continue operating their franchise after the initial 10-year term. The FDD excerpts do not specify the amount of this renewal fee, so prospective franchisees should inquire about the amount of the renewal fee and understand the terms and conditions for renewal.

It is important to note that the financial statements included in the FDD state that there were no initial and renewal franchise fees in the years ended October 31, 2022, October 31, 2023, and October 31, 2024. This does not mean that renewal fees are waived, but rather that no such fees were collected during those specific accounting periods. A prospective franchisee should clarify with Carbones Pizzeria whether this is typical and what factors might influence the renewal fee amount.