FRANdata counts more than 1,200 economy and midscale franchise agreements reaching the end of their initial terms by 2030. Every one of those renewals is a conversation about royalties, territory, and technology fees — and, whether anyone raises it or not, about who keeps the page. Most owners will re-sign; independence stayed at 28% of conversions last year, right where it has sat for two decades. This is one property’s exit and one denied request, not a pattern anyone has counted.