What notice period will Apricot Lane provide to Minnesota franchisees for non-renewal of the franchise agreement, as required by Minnesota law?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
With respect to franchises governed by Minnesota law, the following shall apply:
- The following paragraphs are added at the end of Item 17 of the Disclosure Document:
With respect to franchises governed by Minnesota Franchise Law, we will comply with Minn. Stat. Section 80C.14, Subds. 3, 4, and 5 which require, except in certain specified cases, that you be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice for non-renewal of the franchise agreement.
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to the 2025 Apricot Lane FDD, Minnesota franchisees are entitled to specific notice periods for termination and non-renewal, as mandated by Minnesota law. Apricot Lane must provide a franchisee with 180 days' notice for non-renewal of the franchise agreement.
This requirement is in place to ensure that franchisees have adequate time to prepare for the end of their franchise term, including making decisions about their business operations and future plans. The notice period allows the franchisee to assess their options, which may include selling the business, negotiating a renewal, or exploring other business ventures.
In addition to the non-renewal notice, Minnesota law also requires Apricot Lane to give franchisees 90 days' notice of termination, with 60 days to cure the reasons for termination, except in certain specified cases. These regulations aim to protect franchisees by providing them with sufficient time to address any issues and potentially avoid termination of the franchise agreement. These stipulations are added as an addendum to the franchise agreement to ensure compliance with Minnesota law.