How long does a Coffee News franchisee have to execute the new Franchise Agreement 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, a franchisee must execute the then-current Coffee News Franchise Agreement no later than three months prior to the expiration of the current agreement to renew their franchise. This requirement is part of the renewal terms that a franchisee must comply with to continue operating their franchise.
This means that a Coffee News franchisee needs to be proactive in reviewing and signing the new agreement well in advance of their existing agreement's expiration date. Failing to meet this deadline could jeopardize their renewal and right to continue operating the franchise.
It is important for prospective franchisees to understand this timeline and factor it into their long-term planning. Franchisees should also maintain open communication with Coffee News to ensure they receive the new agreement in a timely manner and have sufficient time to review it with legal counsel if needed.