factual

For Kidokinetics franchises governed by Minnesota law, how much notice is required for non-renewal of the Franchise Agreement?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

With respect to Franchises governed by Minnesota law, we will comply with Minnesota Statute Section 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 Franchise Agreement; and that consent to the transfer of the Franchise will not be unreasonably withheld.

Source: Item 23 — RECEIPT (FDD pages 59–205)

What This Means (2024 FDD)

According to Kidokinetics' 2024 Franchise Disclosure Document, Minnesota law provides specific protections for franchisees. For Kidokinetics franchises governed by Minnesota law, Kidokinetics is required to provide 180 days' notice for non-renewal of the Franchise Agreement.

This stipulation ensures that franchisees operating in Minnesota have adequate time to prepare for the end of their franchise term, whether by seeking renewal, selling the business, or making other arrangements. This longer notice period for non-renewal, as opposed to the 90-day notice for termination (with 60 days to cure), reflects the understanding that non-renewal is a more significant event requiring more preparation than a termination for cause.

It is important to note that these protections are specifically tied to Minnesota Statute Section 80C.14, Subds. 3, 4, and 5, and apply only to franchises governed by Minnesota law. The FDD also clarifies that consent to the transfer of the franchise in Minnesota will not be unreasonably withheld, further protecting the franchisee's interests.

Disclaimer: This information is extracted from the 2024 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.