What section of the Focalpoint Coaching Franchise Agreement outlines the renewal or extension of the term?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
agreements. You should read these provisions in the agreements attached to this Disclosure Document**.
| PROVISION | SECTION IN | SUMMARY |
|---|---|---|
| FRANCHISE OR OTHER AGREEMENT | ||
| a. Length of the | Section 1.D of | 7 years from the Effective Date of the Franchise |
| franchise term | Franchise Agreement | Agreement. |
| b. Renewal or | Section 13 of | If you are in full compliance, you may acquire 1 |
| extension of the | ||
| term | ||
| Franchise | successor franchise term of 7 years. The | |
| Agreement | successor franchise will be on our then current form of Franchise Agreement (which may be materially different). | |
| c. Requirements for | To “renew,” you must be in substantial | |
| franchisee to renew | ||
| or extend | compliance with the Franchise Agreement; give us timely notice; pay us the renewal fee; maintain possession of Office premises or find acceptable substitute premises if the Office is located in a non-residential location; remodel Office according to our then current standards (regardless of cost), if the Office is located in a non-residential location; |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 43–48)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, Section 13 of the Franchise Agreement outlines the renewal or extension of the franchise term. If a franchisee is in full compliance with the agreement, they may be able to acquire one successor franchise term of 7 years. However, the successor franchise will be on Focalpoint Coaching's then-current form of Franchise Agreement, which may be materially different from the original agreement.
To renew the franchise, the franchisee must be in substantial compliance with the Franchise Agreement, provide timely notice, and pay the renewal fee. If the Office is located in a non-residential location, the franchisee must maintain possession of the premises or find acceptable substitute premises and remodel the Office according to Focalpoint Coaching's then-current standards, regardless of cost.
Additionally, the franchisee must sign Focalpoint Coaching's then-current Franchise Agreement, a release (if law allows), and other documents Focalpoint Coaching uses to grant franchises. This means that the terms of the renewed franchise may differ significantly from the original agreement, potentially impacting the franchisee's obligations and rights. Prospective franchisees should carefully consider these renewal conditions and the potential for changes in the Franchise Agreement before investing in a Focalpoint Coaching franchise.