factual

Does the FDD explicitly state that the City Publications franchise agreement is amended for Minnesota franchisees?

City_Publications Franchise · 2025 FDD

Answer from 2025 FDD Document

curities Commissioner has required a financial assurance. Therefore, all initial fees and payments owed by franchisees shall be deferred until we complete our pre-opening obligations under the franchise agreement. IN WITNESS WHEREOF, each of the undersigned hereby acknowledges having read this Amendment, and understands and consents to be bound by all of its terms. CITY PUBLICATIONS FRANCHISE GROUP, INC.:

FOR THE STATE OF MINNESOTA

| PUBLICATIONS FRANCHISE GROUP, INC. and to a solution of the Minnesota Franchise Law, Minn. Stat 80C.22, and the Rules and Regulations promulgated pursuant thereto by the Minnesota Rule 2860.4400, et. seq., the parties to the attached Franchise Agreement shall be ame franchises governed by Minnesota Law, the Franchisor versual Franchise Law which requires, except in certain specified can days notice of termination (with 60 days to cure) and 180 days notice of termination (with Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not sections 5B.10 and 20B.2 of the Franchise Agreement do not section the section of the first three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section the first three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section three days are sections 5B.10 and 20B.2 of the Franchise Agreement do not section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are sections as a section three days are section to the section three days are section to the section three days are section to the section three days are section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section to the section three days are section

Source: Item 23 — RECEIPT (FDD pages 39–129)

What This Means (2025 FDD)

According to City Publications's 2025 Franchise Disclosure Document, the franchise agreement is amended for Minnesota franchisees. The document states that the amendment is to comply with the Minnesota Franchise Law, specifically referencing Minn. Stat Chapter 80C, Sections 80C.01 through 80C.22, and the rules and regulations promulgated by the Minnesota Commission of Securities, Minnesota Rule 2860.4400, et. seq.

The amendment ensures that City Publications will adhere to Minnesota law regarding franchise terminations, including providing specific notice periods for termination with opportunities to cure the issues. The FDD notes that for franchises governed by Minnesota law, City Publications will comply with the Minnesota Franchise Law, which requires, except in certain specified cases, that a franchisee receive 90 days notice of termination (with 60 days to cure) and 180 days notice of termination (with no opportunity to cure).

Prospective City Publications franchisees in Minnesota should carefully review this amendment with legal counsel to understand their rights and obligations under Minnesota law. This is particularly important in relation to termination and renewal terms, which may differ from the standard franchise agreement. The amendment aims to align the franchise agreement with Minnesota's franchise-specific regulations, providing additional protections to franchisees operating within the state.

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.