factual

How much notice will a Floyds 99 franchisee receive if a supplier's approval is revoked?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

Approval of a supplier may be revoked upon 30 days prior written notice of the reason for revocation of the approval of a supplier.

Source: Item 22 — CONTRACTS (FDD pages 57–58)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, if Floyds 99 revokes approval of a supplier, franchisees will receive 30 days prior written notice. This notice will include the reason for the revocation.

This is a fairly standard practice in franchising, as it allows franchisees time to find a new supplier and adjust their operations. The 30-day notice period gives the franchisee an opportunity to prepare for any changes in supply and potentially negotiate with other suppliers.

It is important for prospective Floyds 99 franchisees to understand the implications of supplier changes. They should ensure they have contingency plans in place to avoid disruptions to their business if a supplier's approval is revoked. Franchisees should also maintain open communication with Floyds 99 regarding any concerns about suppliers or potential disruptions.

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.