factual

What is the timeframe for an Annex Brands franchisee to reimburse the franchisor for maintenance services?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

If Franchisee does not maintain the condition and appearance of the Center as is required by this Agreement, Franchisee will give Franchisor access to the Center on not less than 3 days' prior written notice from Franchisor, so that Franchisor may: 1) arrange for the necessary cleaning, repair, remodeling, upgrading, painting or decorating; and 2) replace the necessary leasehold improvements, furnishings, fixtures, equipment, displays, signs, or graphics. Franchisee must pay the entire cost thereof within 10 days of receipt of an invoice from Franchisor for the services or purchases. Franchisee's failure to give Franchisor access to the Center, or to reimburse Franchisor in accordance with this Subsection 9.A, is an act subject to the default and enforcement provisions of this Agreement.

Source: Item 22 — Contracts (FDD pages 109–110)

What This Means (2025 FDD)

According to Annex Brands' 2025 Franchise Disclosure Document, if a franchisee fails to maintain the condition and appearance of their center as required by the franchise agreement, Annex Brands has the right to arrange for necessary maintenance services. These services can include cleaning, repair, remodeling, upgrading, painting, decorating, and replacing leasehold improvements, furnishings, fixtures, equipment, displays, signs, or graphics.

In the event that Annex Brands performs these maintenance services, the franchisee is obligated to pay the entire cost. The franchisee must reimburse Annex Brands within 10 days of receiving an invoice for the services or purchases.

Failure to provide Annex Brands access to the center for maintenance or failure to reimburse Annex Brands within the specified timeframe constitutes a breach of the franchise agreement, potentially leading to default and enforcement actions.

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.