factual

What Minnesota statutes provide Bonchon franchisees with certain termination and non-renewal rights?

Bonchon Franchise · 2025 FDD

Answer from 2025 FDD Document

Minnesota law provides franchisees with certain termination and non-renewal rights. Minnesota Statutes, Section 80C.14, subdivisions 3, 4, and 5 require, except in certain specified cases, that franchisee 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 92–536)

What This Means (2025 FDD)

According to Bonchon's 2025 Franchise Disclosure Document, Minnesota franchisees have specific rights regarding the termination and non-renewal of their franchise agreements. These rights are protected under Minnesota Statutes, Section 80C.14, subdivisions 3, 4, and 5.

Specifically, these statutes mandate that Bonchon provide a franchisee with a notice period before terminating the agreement, except in certain specified cases. This notice period is 90 days, with 60 days allowed for the franchisee to cure any breach of contract. Additionally, for non-renewal of the franchise agreement, Bonchon must provide the franchisee with 180 days' notice.

This protection ensures that Bonchon franchisees in Minnesota are afforded time to address any issues that could lead to termination or to prepare for the end of their franchise term in the event of non-renewal. It is important for prospective franchisees to understand these rights and how they may differ from franchise agreements in other states, as well as to consult with a legal professional to fully understand the implications of these statutes.

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.