When must a Craters & Freighters franchisee provide written notice of their desire to renew the franchise?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.3 Notice of Intention to Renew.
If Franchisee desires to enter into a Successor Franchise Agreement, Franchisee must provide Franchisor with written notice of such desire ("Renewal Request Notice") at least six (6) months, but not more than nine (9) months, prior to the expiration of the Initial Term of this Agreement.
Upon receipt of the Renewal Request Notice, Franchisor will have one (1) month to approve or disapprove Franchisor's renewal request, and Franchisor will notify Franchisee in writing of such approval or disapproval.
- 2.4 Confirmation from Franchisor.
If Franchisee provides Franchisor with the Renewal Request Notice and Franchisor approves Franchisee's renewal request, prior to entering into the Successor Franchise Agreement, Franchisor will provide a copy of Franchisor's then-current Franchise Disclosure Document, so long as Franchisor's registration of such Franchise Disclosure Document is current, if applicable to the state in which the Franchised Business is located.
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, a franchisee who wishes to renew their franchise agreement must provide written notice to Craters & Freighters. This written notice, called the "Renewal Request Notice," must be submitted at least six months, but no more than nine months, before the expiration of the initial term of the existing franchise agreement.
This requirement ensures that Craters & Freighters has sufficient time to evaluate the franchisee's performance and decide whether to offer a successor agreement. It also allows the franchisee adequate time to plan for the future, whether that involves renewing the franchise or exploring other business opportunities. Missing this window could mean losing the opportunity to renew the franchise.
After Craters & Freighters receives the Renewal Request Notice, they have one month to either approve or disapprove the renewal request. Craters & Freighters will then notify the franchisee of their decision in writing. If approved, Craters & Freighters will provide the franchisee with a copy of the then-current Franchise Disclosure Document, assuming its registration is current in the state where the franchised business is located.