What is the deadline for a Dq Treat licensee to provide written notice of their intent to renew their license?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
- 4.3 Renewal. If the following conditions are met, Licensee may renew its license for an additional renewal term, which will be the shorter of 15 years or the period that Licensee has the right to maintain possession of the Restaurant premises:
- (A) Licensee gives Company written notice of its intent to renew between 3 6 months before the expiration of the term;
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to the 2025 Dq Treat FDD, a licensee must provide written notice of their intent to renew their license between 3 and 6 months before the expiration of the current term. This notification allows Dq Treat to assess the licensee's eligibility for renewal and to prepare the necessary documentation.
Missing this deadline could result in the licensee losing their opportunity to renew their franchise. It is crucial for franchisees to mark this deadline on their calendars and to begin the renewal process well in advance. This ensures that all requirements are met in a timely manner.
In addition to providing timely notice, the licensee must also meet several other conditions to be eligible for renewal. These include signing Dq Treat's then-current operating agreement, complying with modernization and replacement provisions, being in good standing, having the right to maintain possession of the restaurant premises, and paying a renewal fee. Failing to meet any of these conditions could also result in the denial of the renewal.