What must a Gold Star franchisee secure for the retail location to be eligible for renewal?

According to Gold Star's 2025 Franchise Disclosure Document, a franchisee must secure the premises for the retail location to be eligible for a franchise renewal. Specifically, the franchisee must have ownership or a lease for the retail location that is satisfactory to Gold Star for the renewal term.

This requirement ensures that the franchisee has a stable and approved location for the duration of the renewal term, which the FDD states is for one additional term of ten years, unless otherwise specified on the cover page of the agreement. Securing the premises involves either owning the property or having a lease agreement that meets Gold Star's standards.

For a prospective Gold Star franchisee, this means that as the initial franchise term nears its end, it is crucial to either negotiate a lease extension or secure ownership of the property. Failure to do so could prevent the franchisee from being able to renew their franchise agreement, regardless of their compliance with other terms and conditions. This condition protects Gold Star's brand and ensures that renewed locations meet their standards for stability and operational control.