What constitutes a failure to pay Sunoco in a timely manner for the Aplus franchise, and what are the consequences?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
- (14) your failure to pay Sunoco in a timely manner when due fees and all sums to which Sunoco is legally entitled;
Source: Item 23 — RECEIPT (FDD pages 68–302)
What This Means (2024 FDD)
According to the 2024 Aplus Franchise Disclosure Document, failing to pay Sunoco in a timely manner any fees or sums to which Sunoco is legally entitled constitutes a breach of the franchise agreement.
This failure to pay can lead to termination or nonrenewal of the lease agreement, in addition to any other remedies Sunoco may have. This is subject to the requirements of any applicable statute, such as the Petroleum Marketing Practices Act (PMPA). Sunoco may terminate or choose not to renew the lease if a default or violation under the Motor Fuel Supply Agreement provides grounds for termination or nonrenewal as outlined in the PMPA, or if there is a default under the Aplus Franchise Agreement that allows for termination or nonrenewal of that agreement.
It is important for a prospective Aplus franchisee to understand the payment terms and conditions outlined in the franchise agreement and related documents to avoid potential defaults and the risk of termination or nonrenewal. Franchisees should maintain open communication with Sunoco regarding any payment issues to attempt to resolve them promptly and avoid further action.