When is the date of the agreement considered for a Coffee News franchisee?

According to the 2025 Coffee News Franchise Disclosure Document, the franchise agreement's term officially starts once all parties have signed the agreement. The agreement then remains in effect until a specified date, which must be filled in the agreement, usually the last day of a month and year, unless it's terminated earlier according to the agreement's terms.

This start date is important because it marks when the franchisee's obligations and rights under the agreement begin. For example, the franchisee's territory rights, obligation to pay weekly fees, and adherence to Coffee News's operational standards all commence from this date. The agreement also specifies conditions for renewal, requiring the franchisee to be in good standing and to comply with the then-current franchise agreement terms.

Furthermore, the franchisee must provide written notice to Coffee News at least six months before the end of the current term if they wish to renew the agreement. This date is also relevant if the franchisee seeks to sell the franchise, as Coffee News may extend the agreement's term to facilitate financing for the purchaser. Therefore, understanding the commencement date is crucial for managing the franchise effectively and planning for its future.