What happens to the notice of termination if a Focus Cfo franchisee in Wisconsin cures the deficiency?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 11.3.1.
Except as provided in Section 11.2, Franchisee will have thirty (30) days from receipt of notice of default from Focus CFO to cure any breach of this Agreement or any other agreement with Focus CFO or any Focus CFO affiliate.
If Franchisee fails to cure the breach within the thirty (30) day period, Focus CFO will have the right to terminate this Agreement by written notice to Franchisee without any further opportunity to cure.
- 11.3.2.
Franchisee is expected to meet certain Performance Standards as outlined in Attachment E.
Focus CFO will provide written notice to Franchisee of any failure to meet these Performance Standards.
If Franchisee fails to cure the default of the Performance Standards within thirty (30) days and such failure continues beyond the cure period, or Franchisee accumulates three (3) violations of any individual or combination of Performance Standards outlined in Attachment E, Focus CFO will have the right to terminate this Agreement by written notice to Franchisee without any further opportunity to cure.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, a franchisee typically has 30 days to cure any breach of the Franchise Agreement after receiving a notice of default from Focus Cfo. If the franchisee successfully addresses and corrects the deficiency within this 30-day period, Focus Cfo will not have the right to terminate the agreement based on that particular breach. This cure period applies to breaches of the agreement itself or any other agreement with Focus Cfo or its affiliates, except as provided in Section 11.2.
However, if the Focus Cfo franchisee fails to cure the breach within the specified 30-day period, Focus Cfo reserves the right to terminate the agreement by providing written notice to the franchisee. In this case, the franchisee will not be given any further opportunity to rectify the situation.
It's important to note that Focus Cfo franchisees are expected to meet certain performance standards, as detailed in Attachment E of the Franchise Agreement. If a franchisee fails to meet these standards, Focus Cfo will provide written notice, and the franchisee will have 30 days to correct the deficiency. If the failure continues beyond this cure period, or if the franchisee accumulates three violations of any combination of performance standards outlined in Attachment E, Focus Cfo can terminate the agreement without offering any further opportunity to cure the performance issues.