What information must be included in the Notice of Default sent to Big O Tires?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
As used herein, Notice of Default means written notice mailed by registered or certified mail or overnight courier specifying the Event claimed and specifically describing, in each instance of a claimed Event, the particular Event and the cure Landlord requires, such Notice of Default to be mailed to Big O at:
Big O Tires, LLC 4260 Design Center Drive Palm Beach Gardens, Florida 33410 Attention: Real Estate Department (with a copy sent to the attention of the General Counsel at the same address)
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to the 2025 Big O Tires Franchise Disclosure Document, a Notice of Default must be sent via registered or certified mail or overnight courier. The notice must specify the Event claimed, and for each claimed Event, it must specifically describe the particular Event and the cure that the Landlord requires. This notice needs to be mailed to Big O Tires, LLC at 4260 Design Center Drive, Palm Beach Gardens, Florida 33410, directed to the Real Estate Department, with a copy sent to the attention of the General Counsel at the same address.
This level of detail ensures that Big O Tires is fully informed of any issues or defaults related to the franchise location, giving them an opportunity to address and resolve the situation. The requirement for specific descriptions and designated recipients aims to prevent ambiguity and ensure the appropriate departments within Big O Tires are aware of the default and required actions.
For a prospective Big O Tires franchisee, this clause highlights the importance of maintaining open communication and addressing any potential defaults promptly to avoid escalation. It also provides a clear understanding of the formal notification process that the landlord must follow, offering a degree of protection and transparency in lease-related matters.