Fast food franchises

Term of Agreement and Renewal: The length of the initial franchise term is 20 years for a freestanding restaurant, and may be less for non-traditional locations or where property control is for a shorter period. There is no right of renewal. There is an option to obtain a Successor Franchise Agreement up to 20 years if the franchisee is in compliance with Franchise Agreement and with all other agreements with the franchisor.

Financial Assistance: If the franchisor owns or leases the land or the land and building of the restaurant, it may lease or sublease the location to the franchisee. The franchisor may from time to time provide financing for certain other types of transactions as well.