How much time does a Focus Cfo franchisee have to cure a breach of the agreement after receiving notice from Focus CFO?
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 Focus Cfo's 2025 Franchise Disclosure Document, a franchisee typically has thirty (30) days from the receipt of a notice of default from Focus CFO to cure any breach of the Franchise Agreement. This also applies to breaches of any other agreement with Focus CFO or its affiliates.
However, this cure period does not apply in all circumstances. Specifically, this 30-day cure period is not applicable as provided in Section 11.2 of the agreement, which allows Focus CFO to terminate the agreement effective immediately for cause.
Furthermore, if a Focus CFO franchisee fails to meet the company's performance standards, they will receive written notice and have thirty (30) days to correct the failure. If the franchisee does not cure the failure within this period, and the failure continues, or if the franchisee accumulates three violations of any performance standards, Focus CFO can terminate the agreement without any further opportunity to cure.