Does the Floyds 99 Franchise Agreement have an Amendment for Renewal included as an exhibit?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT D (TO DISCLOSURE DOCUMENT)
AMENDMENT TO FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT (RENEWAL)
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
Yes, according to the 2025 Floyds 99 Franchise Disclosure Document, the Franchise Agreement includes an Amendment for Renewal as an exhibit. Specifically, Exhibit D to the Disclosure Document is titled "AMENDMENT TO FLOYD'S 99 FRANCHISING, LLC FRANCHISE AGREEMENT (RENEWAL)".
This indicates that the FDD provides a pre-defined amendment document that would be used to extend the franchise agreement for an additional term. This is a standard practice in franchising, as it provides a structured way for both Floyds 99 and the franchisee to agree on the terms of renewal, which may include updated fees, standards, and obligations.
Prospective franchisees should carefully review Exhibit D to understand the conditions and requirements for renewing their Floyds 99 franchise. They should also inquire about any additional renewal fees or changes to the franchise agreement that may apply at the time of renewal.