What is the initial length of the Creative World School franchise term?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Section in | |||
|---|---|---|---|
| Franchise or | |||
| Other | |||
| Provision | Agreement | Summary | |
| a. | Length of the franchise | Section | 20 years |
| term | 2.3 | ||
| b. | Renewal or extension of the term | Section 3 | If you are in good standing, you can acquire 3 successor franchises for additional 10- year terms on our then current terms and conditions |
| c. | Requirements for franchisee to renew or extend | Section 3 | Your renewal rights permit you to remain as a franchisee after the initial term of your franchise agreement expires. However, to remain a franchisee, you must meet all required conditions to renewal, including signing our then-current form of franchise agreement, which may be materially different than the form attached to this disclosure document. |
| Other conditions are: Maintain Site or | |||
| secure substitute Site, bring School into | |||
| compliance with our then current | |||
| specifications and standards, sign new | |||
| Franchise Agreement and ancillary | |||
| agreements, general releases, satisfactory | |||
| completion of training and refresher | |||
| programs and pay renewal fee. | |||
| Upon renewal you may be asked to sign a | |||
| Franchise Agreement with materially | |||
| different terms and conditions than your | |||
| original contract/Franchise Agreement. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 53–57)
What This Means (2025 FDD)
According to Creative World School's 2025 Franchise Disclosure Document, the initial length of the franchise term is 20 years. This is a fairly standard initial term length in the franchise industry, providing franchisees with a substantial period to establish and grow their business.
At the end of the initial 20-year term, a franchisee in good standing has the option to acquire three successor franchises, each for an additional 10-year term. However, these renewals are subject to Creative World School's then-current terms and conditions, which may differ from the original agreement.
To renew, franchisees must meet several conditions, including signing the current franchise agreement, maintaining or securing a substitute site, bringing the school into compliance with current specifications, completing required training, and paying a renewal fee. The new franchise agreement may contain materially different terms and conditions than the original, so franchisees should carefully review any proposed changes before renewing.