factual

What is the minimum number of days' notice of cancellation that the Bevaris Alliance franchisor must receive?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

o the standard required by the Manual for a period in excess of 60 days in any 90 day period, the Franchisor may appoint a manager of the Franchisee's Business who shall have full powers to operate the Franchisee's Business and to take all steps to ensure that the Franchisee complies with the terms of this agreement at the expense of the Franchisee.

18. Termination

  • 18.1 Termination for cause by Franchisor. The Franchisor may terminate this agreement with immediate effect (or following such notice period as it sees fit) without prejudice to any of its rights or remedies, by giving written notice to the Franchisee and the Individual if:
    • (a) the Franchisee or Individual fails to pay any amount due under this agreement on the due date for payment and remains in default not less than 7 (seven) days after being notified in writing to make such payment; or
    • (b) the Franchisee or Individual commits a material breach of any term of this agreement (other than failure to pay any amounts due under this agreement), the Manual, or any other written agreement between the Franchisor and Franchisee or involving the Franchisee though Franchisee is not a party to such other written agreement (such as a Food Service Agreement) and (if such breach is remediable) fails to remedy that breach (or adequately assist Franchisor in the remedy of a Food Service Agreement) within a period of 14 (fourteen) days after being notified in writing to do so; or
    • (c) the Individual or the Franchisee's employees fail to successfully complete the initial training referred to in clause 9; or
    • (d) the Franchisee does not start business by the Commencement Date;

Source: Item 23 — RECEIPT (FDD pages 22–88)

What This Means (2024 FDD)

According to the 2024 Bevaris Alliance Franchise Disclosure Document, Bevaris Alliance may terminate the franchise agreement with immediate effect, or following a notice period that Bevaris Alliance deems appropriate, if the franchisee fails to pay any amount due under the agreement. However, Bevaris Alliance must provide a written notice to the franchisee and the individual, allowing a minimum of seven days to rectify the payment default.

If the franchisee or individual commits a material breach of the agreement, the manual, or any other written agreement, Bevaris Alliance must provide a written notice and allow a period of 14 days for the franchisee to remedy the breach.

In cases where the franchisee seeks to terminate the agreement, Bevaris Alliance must be given a written notice and a period of 30 days to remedy the breach.

Disclaimer: This information is extracted from the 2024 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.