How much notice does an Endless Summer Sweets franchisee have to cure non-compliance before a fee is charged?
Endless_Summer_Sweets Franchise · 2024 FDDAnswer from 2024 FDD Document
14.1 Termination by Franchisee. Franchisee may terminate this Agreement only if Franchisor violates a material provision of this Agreement and fails to cure or to make substantial progress toward curing the violation within thirty (30) days after receiving written notice from Franchisee detailing the alleged default. Termination by Franchisee is effective ten (10) days after Franchisor receives written notice of termination.
Source: Item 23 — RECEIPTS (FDD pages 39–125)
What This Means (2024 FDD)
According to the 2024 Endless Summer Sweets Franchise Disclosure Document, if a franchisee violates a material provision of the Franchise Agreement, they have thirty (30) days to cure the violation after receiving written notice from the franchisee. If the franchisee makes substantial progress toward curing the violation within that time frame, that is also acceptable.
If the franchisee fails to cure the violation or make substantial progress within the 30-day period, the franchisor can then terminate the agreement. The termination is effective ten (10) days after Endless Summer Sweets receives written notice of termination from the franchisee.
It is important to note that this cure period applies to violations of the agreement initiated by the franchisee. The FDD does not specify a cure period for non-compliance that leads to a fee being charged by the franchisor. A prospective franchisee should clarify with Endless Summer Sweets what specific breaches would lead to fees and what cure periods, if any, apply in those cases.