factual

For a Craters & Freighters franchise in Minnesota, how many days does a franchisee have to cure a termination notice?

Craters_Freighters Franchise · 2025 FDD

Answer from 2025 FDD Document

ITEM 17.

    1. Minnesota law provides you with certain termination and nonrenewal rights. As of the date of this Disclosure Document, Minn. Stat. Sec. 80C.14, Subd. 3, 4 and 5 which require, (except in certain specified cases) that you be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice for non-renewal of the Franchise Agreement; and that consent to the transfer of the franchise will not be unreasonably withheld.

Source: Item 22 — CONTRACTS (FDD pages 49–50)

What This Means (2025 FDD)

According to the 2025 Craters & Freighters Franchise Disclosure Document, Minnesota franchisees have specific rights regarding termination. Minnesota law stipulates that Craters & Freighters must provide a franchisee with 90 days' notice of termination, during which the franchisee has 60 days to cure the reasons for termination.

This means that if Craters & Freighters decides to terminate a franchise agreement in Minnesota (except in certain specified cases), they must give the franchisee written notice 90 days in advance. Within that 90-day period, the franchisee has a 60-day window to correct, or "cure," the issues that led to the termination notice. If the franchisee successfully addresses these issues within the 60-day cure period, Craters & Freighters cannot terminate the agreement.

It is important for prospective franchisees in Minnesota to understand these protections, as they provide a defined period to rectify any problems and maintain their franchise. This is particularly relevant compared to other states where cure periods might be shorter or non-existent, offering Minnesota franchisees a more extended opportunity to save their business. Franchisees should consult Minnesota Statutes, Sec. 80C.14, Subd. 3, 4 and 5 for a comprehensive understanding of their rights.

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.