When are Early Termination Damages due to Burneys Sweets More?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Early Termination Damages | Our damages, costs, and expenses. | As incurred. | If the Franchise Agreement is terminated early we have the right to seek damages from you. |
Source: Item 6 — OTHER FEES (FDD pages 11–17)
What This Means (2025 FDD)
According to Burneys Sweets More's 2025 Franchise Disclosure Document, early termination damages are due 'as incurred.' If a franchisee's agreement is terminated early, Burneys Sweets More has the right to seek damages, costs, and expenses from the franchisee.
This means that if Burneys Sweets More terminates the Franchise Agreement early (or if the franchisee terminates it without justification), the franchisee will be responsible for covering Burneys Sweets More's resulting financial losses. The exact amount will depend on the specific damages, costs, and expenses Burneys Sweets More incurs due to the early termination.
It is important for a prospective Burneys Sweets More franchisee to understand what circumstances could lead to early termination and to carefully consider the potential financial implications. Consulting with a legal and financial advisor is recommended to fully assess this risk.