When is the Gold Star franchise renewal fee due?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
n-refundable |
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee10 | Set by Gold Star in its discretion – currently $5,000 | Prior to renewal of franchise agreement | Payable to Gold Star Non-refundable |
| Relocation | You will reimburse us for our reasonable out-of-pocket costs concerning the relocation | Promptly after receiving an invoice from Gold S |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the renewal fee is due prior to the renewal of the franchise agreement. The renewal fee is currently $5,000, but the exact amount is set at Gold Star's discretion.
This means that if a franchisee wants to continue operating their Gold Star franchise after the initial term expires, they must pay the renewal fee before the renewal agreement takes effect. The franchisee should budget for this fee and be aware that the amount could change at Gold Star's discretion.
It is important to note that the renewal of the franchise agreement is subject to specific conditions outlined in Section 16 of the Franchise Agreement, as indicated in Note 10. Therefore, paying the renewal fee is only one part of the renewal process, and franchisees must also meet all other requirements to be eligible for renewal. The renewal fee is non-refundable.