What are the real estate requirements for a Chicken Guy franchisee to renew their franchise?

According to the 2025 Chicken Guy Franchise Disclosure Document, to renew a franchise for an additional 10-year term, a franchisee must meet specific real estate-related conditions. The franchisee must have the right to remain in possession of the franchised location, or other premises acceptable to Chicken Guy, for the renewal term. Additionally, all monetary obligations owed to the franchisee's landlord, if any, must be current.

This means that a Chicken Guy franchisee needs to ensure their lease is in good standing and that they have the legal right to occupy the premises for the entire renewal term. This involves maintaining a positive relationship with the landlord and fulfilling all financial obligations, such as rent payments, on time. If the franchisee fails to meet these conditions, it could jeopardize their ability to renew the franchise.

Furthermore, the franchisor, Chicken Guy, must find the location acceptable for the renewal term. This implies that Chicken Guy has the right to refuse renewal if they deem the location unsuitable, even if the franchisee has met all other requirements. This could be due to various factors, such as changes in the surrounding area, the condition of the property, or the franchisor's strategic plans. Therefore, franchisees should proactively communicate with Chicken Guy regarding any potential issues with the location and work to maintain its suitability for the long term.

In addition to real estate requirements, the franchisee must also meet other conditions to be eligible for renewal, such as not being in default under the franchise agreement, completing required renovations, and ensuring compliance with training requirements. Meeting all these conditions is crucial for a Chicken Guy franchisee to secure a renewal and continue operating their restaurant.