What is the obligation of the Lessor regarding notice of default by the Buns On Fire franchisee?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
- c. "Lessor shall give written notice to Buns on Fire (concurrently with the giving of such notice to Lessee) of any default by Lessee under the lease and Buns on Fire shall have the right, in its sole discretion, to cure any such default. Such notice shall be sent to Buns on Fire at its headquarters, or such other address as Buns on Fire may specify in writing to Lessor."
Source: Item 23 — RECEIPTS (FDD pages 49–200)
What This Means (2025 FDD)
According to the 2025 Buns On Fire Franchise Disclosure Document, if the franchisee defaults on their lease, the lessor is obligated to provide written notice to Buns On Fire concurrently with the notice given to the franchisee. This notice must be sent to the headquarters of Buns On Fire or another address that Buns On Fire specifies in writing to the lessor.
This provision ensures that Buns On Fire is promptly informed of any lease defaults by its franchisees, giving them the opportunity to take action to protect their interests. Buns On Fire has the right, in its sole discretion, to cure any such default.
By receiving timely notice of defaults, Buns On Fire can decide whether to cure the default, potentially preventing eviction and business disruption for the franchisee. This clause is typically included in franchise agreements to protect the franchisor's brand and ensure the continued operation of the franchise location. It also allows Buns On Fire to maintain a relationship with the lessor and potentially negotiate a solution that benefits all parties involved.