What is the initial term length for a Marble Slab Creamery franchise agreement?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
under the Agreement or this Addendum with respect to your operation of either the Restaurant or any of the Satellites, we may, at our election and without notice or demand of any kind, declare this Addendum and any and all other rights granted under this Addendum to be immediately terminated and, except as otherwise provided he
Source: Item 22 — CONTRACTS (FDD page 101)
What This Means (2025 FDD)
According to the 2025 Marble Slab Creamery Franchise Disclosure Document, the franchise agreement has an initial term. Upon the expiration of the initial term, a franchisee in good standing has the option to obtain one additional successor term of ten years. To do so, the franchisee must comply with all successor conditions in the agreement and pay a successor fee of $2,500.
This means that a new Marble Slab Creamery franchisee can expect to operate under the initial franchise agreement for a set period, after which they may be eligible to renew the agreement for an additional 10 years. The renewal is not automatic; it depends on the franchisee's compliance with the agreement terms and the payment of a renewal fee.
It is common in the franchise industry to offer renewal options, allowing franchisees to continue operating their business if they meet certain criteria. The conditions for renewal typically include being in good standing, complying with the franchise agreement, and updating the restaurant to current brand standards. The $2,500 successor fee seems relatively low compared to the initial franchise fee, which is a benefit for franchisees seeking to extend their term with Marble Slab Creamery.