What is the standard initial term length for a Dryject franchise agreement?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
The term of this Agreement shall commence on the date first set forth above and shall continue for a term expiring upon the date ten (10) years following ("Term"), unless earlier terminated pursuant to the terms of Section 32 of this Agreement.
Source: Item 23 — RECEIPT (FDD pages 50–68)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the initial term of the franchise agreement starts on the date specified in the agreement and continues for a period of ten years, unless the agreement is terminated earlier according to its terms. This means a franchisee can expect to operate their Dryject business for a decade before needing to renew the agreement.
Dryject offers the option to renew the franchise for two additional terms, each lasting five years. To be eligible for renewal, the franchisee must provide written notice within a specific timeframe, typically between six to twelve months before the current term expires. They must also be in good standing with Dryject, meaning they are not in default of any agreements and have substantially complied with all terms and conditions.
Furthermore, the franchisee should not have received three or more default notices during the current term. Meeting these conditions allows a Dryject franchisee to potentially extend their business operations for up to 20 years beyond the initial 10-year term, providing long-term stability and growth opportunities.