How many days does an Alloy franchisee have to cure the non-submission of reports?

According to the 2025 Alloy FDD, Minnesota franchisees are provided with specific termination and nonrenewal rights under Minnesota law. Except in certain specified cases, a franchisee must be given 90 days' notice of termination, with 60 days to cure, and 180 days' notice for nonrenewal of the franchise agreement. This addendum specifically applies to franchises sold in Minnesota, amending the franchise agreement to comply with Minnesota statutes and regulations.

For a prospective Alloy franchisee in Minnesota, this means they have a 60-day period to correct any issues that could lead to termination, providing a buffer to address and resolve problems. This is particularly relevant for issues like non-submission of reports, giving the franchisee time to rectify the situation and maintain their franchise agreement.

For franchisees outside of Minnesota, the FDD does not specify a cure period for non-submission of reports. It is important for prospective franchisees to understand their rights and obligations regarding termination and non-renewal, as these can significantly impact the stability and longevity of their investment. Franchisees should consult with a legal professional to fully understand their rights and obligations under the franchise agreement and applicable state laws.