How many additional five-year terms can a Dryject franchisee renew their franchise for?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
You may renew the franchise to own and operate the Franchised Business and the right to use the Licensed Rights for two (2) additional successive five (5) year terms; provided that, prior to the expiration of the applicable initial or renewal term:
- (a) You provide Us written notice of Your election to exercise the renewal option not less than six (6) months, nor more than twelve (12) months, prior to the end of the then-current term;
- (b) When such notice is given, and thereafter up to and including the date of renewal, You are not in default of any provision of this Agreement, or any other agreement between You and Us or any of Our subsidiaries or affiliates, including any other franchise agreement, and have substantially complied with the terms and conditions of all such agreements during the Term of this Agreement;
- (c) You have not received three (3) or more notices of default from Us during the then-current Term of this Agreement;
Source: Item 23 — RECEIPT (FDD pages 50–68)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, a franchisee can renew their franchise agreement for two additional terms, each lasting five years. This means that after the initial term of the agreement, a franchisee has the option to extend their business operations for a total of ten more years through these renewals.
However, these renewals are not automatic. To be eligible for renewal, the Dryject franchisee must meet several conditions. They must provide written notice of their intent to renew within a specific timeframe, between six and twelve months before the current term expires. They also need to be in good standing with Dryject, meaning they are not in default of any agreements and have substantially complied with all terms and conditions during the current term. Furthermore, the franchisee must not have received three or more default notices from Dryject during the current term.
These renewal conditions are fairly standard in the franchise industry, as franchisors want to ensure that franchisees continuing to operate under their brand maintain certain standards and fulfill their contractual obligations. For a prospective Dryject franchisee, it's important to understand these renewal requirements and maintain a strong operational and financial record to secure the opportunity to extend the franchise agreement.