factual

What is the deadline for a Belocal franchisee to provide written notice of termination?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

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Provision Section in Franchise Agreement Summary
a. Length of the Section 2.A. Three-year initial term
franchise term
b. Section 2.B. No right to renew
Renewal or extension
of the term
c. Requirements for Not applicable Not applicable
franchisee to renew or
extend
d. Termination by franchisee Section 10.E. You have a limited right to terminate the Franchise Agreement for any reason or no reason. You must provide us written notice on or before the earlier of: (1) nine months following the effective date of the Franchise Agreement or (2) the date of the first issuance of the Publication. You do not have the right to terminate the Franchise Agreement after the earlier of those dates.

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 49–55)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, a franchisee has a limited right to terminate the Franchise Agreement. To do so, the franchisee must provide Belocal with written notice on or before the earlier of two dates. The first possible deadline is nine months following the effective date of the Franchise Agreement. The second deadline is the date of the first issuance of the Publication.

This means a Belocal franchisee needs to carefully track both the effective date of their agreement and the publication date to ensure they do not miss the opportunity to terminate the agreement if they choose to do so. Missing either deadline means forfeiting the right to terminate the agreement for any reason.

It is important to note that these termination provisions are subject to state law, which may provide additional rights or restrictions. The franchisee must also comply with certain wind-down, termination, and post-termination obligations as outlined in the Franchise Agreement.

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.