factual

If the manufacturer becomes insolvent, can a 7 Brew franchisee terminate the Manufacturing Agreement?

7_Brew Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
c. Requirements for franchisee 17 of Franchise You (i) timely request and conduct a business
to renew or extend Agreement
review, (ii) formally notify us of your desire
to acquire a successor franchise at least 3
months before the end of the franchise term,
(iii) substantially complied with contractual
obligations and operated Store in substantial
compliance with Brand Standards, (iv)
continue complying substantially with
contractual obligations between time you
notify us of your desire to acquire a successor
franchise and the end of the franchise term,
(v) remodel/upgrade Store, (vi) sign our then-
current form of franchise agreement and
releases (if applicable state law allows), and
(vii) pay $10,000 successor-franchise fee.
Terms of new franchise agreement that you
sign for successor franchise may differ
materially from any and all terms contained in
your original expiring Franchise Agreement
(including higher fees), provided that we will
modify the new franchise agreement to
include any specifically-negotiated provisions
to which we agreed with you before you
signed the Franchise Agreement that is
expiring, and you will retain the same defined
Area of Protection.
d. Termination by franchisee 18.A of Franchise If we breach Franchise Agreement and do not
Agreement
4(a) of Manufacturing
Agreement
cure default within applicable cure period
after notice from you, or if your Store does
not reach a certain EBITDA level; otherwise,
you may not terminate without cause, subject
to state law.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 54–61)

What This Means (2025 FDD)

According to 7 Brew's 2025 Franchise Disclosure Document, a franchisee has the right to terminate the Manufacturing Agreement if the manufacturer becomes insolvent. The FDD outlines specific conditions under which a franchisee can terminate this agreement.

Specifically, the franchisee can terminate the Manufacturing Agreement if the manufacturer fails to perform their obligations and does not correct the failure within 30 days after receiving notice from the franchisee. Additionally, the franchisee can terminate the agreement if the manufacturer becomes insolvent or is involved in a bankruptcy-related event.

This provision protects the 7 Brew franchisee in situations where the manufacturer's financial instability or failure to meet obligations could negatively impact the franchisee's business operations. It allows the franchisee to seek alternative manufacturing arrangements to ensure a stable supply chain and maintain business continuity. It is important for prospective franchisees to understand these termination rights and the conditions under which they can be exercised, as they provide a safeguard against potential disruptions caused by the manufacturer's performance or financial status.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.