What document will the Coffee News franchisor furnish to the franchisee upon renewal?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Renewal Terms. The Franchisee hereby agrees that upon renewal, the Franchisee shall comply with the then current Coffee News Franchise Agreement, except that there shall be no additional deposit from the Franchisee. Franchisor shall furnish the Franchisee with a copy of Franchisor's then current Franchise Agreement (and related agreements), which Agreement the Franchisee must execute no later than 3 months prior to the expiration of this Agreement.
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to the 2025 Coffee News Franchise Disclosure Document, upon renewal of the franchise agreement, Coffee News will furnish the franchisee with a copy of the franchisor's then-current Franchise Agreement and related agreements. The franchisee must execute this agreement no later than three months prior to the expiration of the current agreement.
To be eligible for renewal, the franchisee must meet certain conditions. These include having duly performed all obligations under the existing agreement to the satisfaction of Coffee News, ensuring the agreement is in full force at the end of its term, and not being in breach of any terms. Additionally, the franchisee must provide written notice to Coffee News of their intent to renew at least six months before the end of the current term.
This new agreement will be the one in effect at the time of renewal, except that the franchisee will not be required to pay an additional deposit. This ensures that the franchise operates under the most up-to-date terms and conditions set by Coffee News, while also providing a consistent framework for both parties moving forward. Franchisees should carefully review the new agreement to understand any changes from their original contract.