factual

What aspects of the Gold Star store might refurbishment include?

Gold_Star Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 5.12 Refurbishment of Store.

At the request of the COMPANY, FRANCHISEE will refurbish the Store at its own expense to conform to the trade dress, color schemes and presentation of the Marks in a manner consistent with the image then in effect for new Gold Star Chili restaurants under the System.

Such refurbishment may include structural changes, installation of new equipment and signs, remodeling, redecoration, and modifications to existing improvements.

FRANCHISEE will complete the refurbishing within the time period specified by the COMPANY pursuant to Section 3.3 hereof.

FRANCHISEE acknowledges that the COMPANY cannot estimate the costs of refurbishment but any request by the COMPANY will be in its reasonable discretion.

Notwithstanding the foregoing, the COMPANY shall not require FRANCHISEE to fully refurbish the Store during the following periods: (a) if the Store will be newly-constructed in connection with this Agreement, (i) during the period commencing with the date of this Agreement and ending on the five-year anniversary of the Store opening for business to the general public and (ii) the period commencing on the date which is one year prior to the expiration of the initial term of this Agreement, and ending on the last day of the initial term of this Agreement; or (b) if the Store will not be newly-constructed in connection with this Agreement, (i) during the period commencing with the date of this Agreement and ending on the one-year anniversary of the Store opening for business to the general public and (ii) the period commencing on the date which is one year prior to the expiration of the initial term of this Agreement.

Source: Item 23 — Receipts (FDD pages 53–163)

What This Means (2025 FDD)

According to Gold Star's 2025 Franchise Disclosure Document, franchisees may be required to refurbish their store at their own expense to maintain a consistent brand image. This refurbishment is determined by Gold Star to align with the current standards for new Gold Star Chili restaurants.

The refurbishment may involve several aspects of the store. These include potential structural changes to the building, the installation of new equipment and signs to update the store's functionality and appearance, general remodeling to modernize the layout and design, redecoration to refresh the interior aesthetics, and modifications to existing improvements to better suit the current brand standards.

Gold Star acknowledges that the costs associated with refurbishment can vary, and they do not provide an estimate in the FDD. However, any request for refurbishment will be made at Gold Star's reasonable discretion. There are also specific time periods during which Gold Star will not require a full refurbishment. For newly-constructed stores, this includes the first five years after opening and the year before the initial agreement term expires. For stores that were not newly-constructed, this period covers the first year after opening and the year before the agreement's initial term ends.

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.