If the reason for termination, cancellation, or substantial change in competitive circumstances for a Circle K franchise in Wisconsin is nonpayment, how many days does the Franchisee have to remedy the default?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
For all franchises sold in the State of Wisconsin, Franchisor will provide Franchisee at least 90 days' prior written notice of termination, cancellation, or substantial change in competitive circumstances. The notice will state all the reasons for termination, cancellation, or substantial change in competitive circumstances and will provide that Franchisee have 60 days in which to rectify any claimed deficiency. If the deficiency is rectified within 60 days, the notice will be void. If the reason for termination, cancellation, or substantial change in competitive circumstances is nonpayment of sums due under the franchise, Franchisee will be entitled to written notice of such default, and will have not less than 10 days in which to remedy such default from the date of delivery or posting of such notice.
Source: Item 22 — CONTRACTS (FDD page 100)
What This Means (2025 FDD)
According to the 2025 Circle K Franchise Disclosure Document, Wisconsin franchisees facing termination, cancellation, or substantial change in competitive circumstances due to nonpayment have a specific timeframe to remedy the default. In such cases, Circle K provides the franchisee with written notice of the default and allows them no less than 10 days to correct the deficiency from the date the notice was delivered or posted.
This 10-day cure period is a critical provision for Circle K franchisees in Wisconsin, as it provides a limited window to address any outstanding payments and avoid termination of the franchise agreement. It is shorter than the standard 60-day cure period for other types of deficiencies, highlighting the urgency Circle K places on timely payments. Franchisees should be diligent in monitoring their accounts and addressing any payment issues promptly to take advantage of this cure period.
Prospective Circle K franchisees in Wisconsin should be aware of this specific stipulation and ensure they have systems in place to manage payments effectively. Understanding the implications of non-payment and the limited time to rectify the situation is essential for maintaining a healthy and compliant franchise operation. This requirement is specific to Wisconsin due to the state's Fair Dealership Law, which aims to protect franchisees.