When does the Cinnaholic agreement automatically expire, assuming no earlier termination?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
Unless earlier terminated in accordance with the terms and conditions set forth herein, this Agreement shall commence as of the Effective Date and shall automatically expire, without any action on the part of either party being necessary, on the date after operations of the final Bakery to be developed hereunder are required to commence as set forth on the Development Schedule.
Source: Item 23 — RECEIPT (FDD pages 62–269)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the franchise agreement's term begins on the effective date and automatically expires when operations are required to commence at the final bakery to be developed under the Development Schedule. This expiration occurs without any required action from either party, assuming there hasn't been an earlier termination as per the agreement's terms.
For a prospective Cinnaholic franchisee, this means the agreement's length is tied to the Development Schedule. The agreement remains in effect until the last bakery outlined in that schedule is operational. The franchisee should carefully review the Development Schedule to understand the expected duration of their agreement.
It's important to note that the agreement can terminate earlier if certain conditions are met, as detailed in the document. Franchisees should familiarize themselves with these termination conditions to understand their rights and obligations. The automatic expiration is contingent on adhering to the Development Schedule and avoiding any actions that could lead to early termination.