factual

What is the minimum notice period Crisp & Green must provide for termination of the franchise agreement in Minnesota, according to Minn. Stat. § 80C.14?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

  1. Item 17 of the Disclosure Document is amended by the addition of the following paragraphs:

"With respect to franchisees governed by Minnesota law, we will comply with Minn. Stat. § 80C.14, Subds. 3, 4, and 5 which require, except in certain specified cases, that (1) a franchisee be given 90 days' notice of termination (with 60 days to cure) and 180 days' notice of non-renewal of the Franchise Agreement and (2) consent to the transfer of the franchise not be unreasonably withheld.

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, franchisees in Minnesota have specific protections regarding termination and non-renewal of their franchise agreements, as mandated by Minnesota law. Specifically, Crisp & Green must comply with Minn. Stat. § 80C.14, Subds. 3, 4, and 5. These statutes generally require Crisp & Green to provide a franchisee with 90 days' notice of termination, along with 60 days to cure any default, before the termination can take effect. Additionally, the brand must provide 180 days' notice for non-renewal of the franchise agreement. These requirements are subject to certain exceptions as defined in the statutes.

This provision is included in an addendum to the standard franchise agreement specifically for franchisees operating in Minnesota or who are residents of Minnesota. This addendum ensures that the franchise agreement adheres to Minnesota franchise laws, which are designed to protect franchisees from potentially unfair practices by franchisors. The inclusion of cure periods allows franchisees an opportunity to rectify any issues before facing termination, promoting a more equitable relationship between Crisp & Green and its franchisees.

For a prospective Crisp & Green franchisee in Minnesota, this means they have a legally mandated period to address any issues that could lead to termination, providing a safety net and an opportunity to maintain their franchise. It is important for potential franchisees to carefully review the specific conditions and exceptions outlined in Minn. Stat. § 80C.14 to fully understand their rights and obligations under Minnesota law. This addendum also highlights the importance of consulting with a franchise attorney to ensure full comprehension of the legal protections afforded to them.

Disclaimer: This information is extracted from the 2024 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.