Lease terms vary from store to store. Typically, a retail lease term is around 4-6 years in duration. The term of the lease is set by the landlord and while we will always look to secure the longest possible lease, it is unlikely that your franchise agreement term and the term of your lease will be congruent. This is not a problem. As a franchise partner, you are able to sell your asset (your franchise) at any time throughout the franchise agreement term or the lease term.
It is important to note that your business will always be worth the most at the beginning of a new lease & franchise agreement term. If you have any questions about this, please contact the Boost Juice Franchising team as we are happy to provide more information about this.