factual

When is the renewal fee due for a Dq Treat franchise?

Dq_Treat Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount(1) P Due Date(5) P Remarks
Renewal Fee (for franchise agreement) $1,000 times number of years under renewal term (but not to exceed $10,000) At time of renewal Any partial year of the renewal term will count as a full year for purposes of calculating the renewal fee. For example, if at the end of the initial term of the franchise agreement, you enter into a renewal franchise agreement with a term of 7½ years, you will be required to pay a renewal fee of $8,000.

Source: Item 6 — Other Fees (FDD pages 20–24)

What This Means (2025 FDD)

According to Dq Treat's 2025 Franchise Disclosure Document, the renewal fee for a franchise agreement is due 'at time of renewal'. The fee is calculated as $1,000 times the number of years under the renewal term, with a maximum fee of $10,000.

For a prospective Dq Treat franchisee, this means that when you decide to renew your franchise agreement, you will need to pay a renewal fee. The exact amount will depend on the length of the renewal term you agree to. For example, if you renew for 5 years, the fee would be $5,000 (5 years x $1,000/year). If you renew for 10 years or more, the fee is capped at $10,000.

It's important to note that any partial year of the renewal term counts as a full year when calculating the fee. So, if you renew for 7 and a half years, you'll be charged for 8 years, resulting in an $8,000 renewal fee. This could influence your decision on the length of the renewal term to optimize the cost.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.