For Flowerama franchises governed by Minnesota law, how much notice will Flowerama provide for termination of the agreement, and how long do franchisees have to cure the termination?
Flowerama Franchise · 2024 FDDAnswer from 2024 FDD Document
- Item 17 "Renewal, Termination, Transfer and Dispute Resolution" is amended by adding the following:
A. Renewal and Termination
With respect to franchises governed by Minnesota law, we will comply with Minn. Stat. Sec. 80C.14, Subds. 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 Agreement.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–77)
What This Means (2024 FDD)
According to Flowerama's 2024 Franchise Disclosure Document, Minnesota law requires Flowerama to provide franchisees with specific notice periods and opportunities to cure before termination. Except in certain specified cases, Flowerama must give a franchisee 90 days' notice of termination, along with 60 days to cure the issue.
This Minnesota addendum ensures that Flowerama franchisees in Minnesota receive adequate time to address any issues before the franchise is terminated. This is more favorable to the franchisee than in some states, where cure periods may be shorter or non-existent.
Prospective Flowerama franchisees in Minnesota should carefully review the specific conditions under which these notice and cure periods apply, as there may be exceptions for certain types of defaults or breaches of the franchise agreement. Understanding these provisions is crucial for protecting their investment and ensuring fair treatment under the franchise agreement.