obligation

How long does a 7 Brew franchisee have to pay suppliers to avoid termination for cause?

7_Brew Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in franchise or other agreement Summary
f. Termination by franchisor with cause 18.B of Franchise Agreement and 8 of DRR 4(b) of Manufacturing Agreement We have the right to terminate your Franchise
Agreement (and development rights) only if
you or your owners commit one of several
violations.
While termination of the DRR does not
impact any then-effective franchise
agreements, termination of a franchise
agreement entitles us to terminate the DRR.
Manufacturer has the right to terminate the
Manufacturing Agreement for cause.
g. “Cause” defined  curable defaults 18.B of Franchise Agreement and 8 of DRR 4(b) of Manufacturing Agreement You have 5 days to cure Gross Sales
reporting, payment (to us), and insurance
defaults and defaults under any note, lease, or
agreement relating to Store’s operation or
ownership; 10 days to satisfy unpaid
judgments of at least $25,000; 30 days to pay
suppliers and to cure other defaults not listed
in (h) below; and 60 days to vacate
attachment, seizure, or levy of Storeor
appointment of receiver, trustee, or liquidator.

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 30 days to pay suppliers to avoid termination for cause. This falls under the curable defaults as defined in Section 18.B of the Franchise Agreement and Section 8 of DRR 4(b) of the Manufacturing Agreement.

This means that if a 7 Brew franchisee fails to pay their suppliers, 7 Brew can issue a notice of default. The franchisee then has 30 days from that notice to rectify the situation by paying the outstanding amounts to the suppliers. If the franchisee does not meet this deadline, 7 Brew has the right to terminate the Franchise Agreement.

It is important for prospective 7 Brew franchisees to understand these cure periods and ensure they have sufficient financial management systems in place to meet their obligations to suppliers. Failure to do so could result in the termination of their franchise and loss of their investment. This is a fairly standard clause in franchise agreements, as franchisors need to protect their brand's reputation and ensure all franchisees are meeting their financial obligations.

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.