To what address should the Lessor send written notice of Lessee default to Annex Brands?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
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- "Lessor will give written notice to Franchisor, or its successor, concurrently with the giving of such notice to Lessee, of any default by Lessee under the Lease, and Franchisor or its successor will have, after the expiration of the period during which the Lessee may cure such default, an additional 15 days to cure, in its sole discretion, any such default. Such notice will be sent to Annex Brands, Inc., Attention: Patrick F. Edd, CEO and President, 7580 Metropolitan Drive, Suite 200, San Diego, CA 92108, or such other address as Franchisor may periodically specify in writing to Lessor".
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, if a franchisee (Lessee) defaults on their lease, the Lessor must send written notice of this default to Annex Brands concurrently with the notice to the franchisee. The notice to Annex Brands should be sent to: Annex Brands, Inc., Attention: Patrick F. Edd, CEO and President, 7580 Metropolitan Drive, Suite 200, San Diego, CA 92108.
This provision ensures that Annex Brands is informed of any lease defaults by its franchisees, giving them an opportunity to cure the default and protect their interests in the franchise location. Annex Brands has an additional 15 days to cure the default after the period the franchisee has to cure the default has expired. This is a fairly standard practice in franchising, as franchisors often want to maintain control over the leased premises to ensure business continuity and protect their brand.
It is important to note that the address for sending default notices may change, as Annex Brands reserves the right to specify a different address in writing to the Lessor. Therefore, a prospective Annex Brands franchisee should ensure that the lease agreement includes the most current contact information for Annex Brands to avoid any confusion or delays in communication. This clause in the lease agreement is designed to protect Annex Brands' investment and ensure the stability of the franchise network.