For a Marble Slab Creamery franchise, what are the lengths of the First and Second Renewal Terms?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
| “Franchisee”: | |
|---|---|
| “Site Selection Area”: | |
| “Accepted Location”: | |
| “Effective Date”: | , 202 “Initial Fee”: $_ |
| “Initial Operating Partner”: | |
| “NAF Percentage”: 2% | 6% “Local Advertising Percentage”: 2% |
| “First Renewal Term”: | 10 years “Second Renewal Term”: 10 years |
Source: Item 23 — RECEIPT (FDD pages 101–346)
What This Means (2025 FDD)
According to Marble Slab Creamery's 2025 Franchise Disclosure Document, the First Renewal Term is 10 years, and the Second Renewal Term is also 10 years. This information is part of a receipt that the franchisee will receive.
For a prospective franchisee, this means that after the initial franchise term, they have the option to renew their agreement for two additional terms, each lasting 10 years. This provides an opportunity for long-term business operation under the Marble Slab Creamery brand, assuming the franchisee meets the conditions for renewal outlined in the franchise agreement.
Renewal terms are a common feature in franchise agreements, allowing franchisees to continue operating their business if they meet certain criteria, such as maintaining good standing with the franchisor and adhering to the franchise agreement's terms. The length of renewal terms can vary among different franchise systems, but 10 years is a fairly standard duration.