Under what conditions can Mr. Sandless terminate the franchise agreement with a seven-day cure period?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
- 22.2.10 You abandon your Business (for purposes of this provision, the term "abandon" shall mean your failure to operate the Business for three (3) or more consecutive days.
Short, standard vacation periods are not considered abandonment);
- 22.2.11 If you fail to cure any default of your lease or sublease for your Business's location within the relevant cure period, if any, or to remedy any default under any note, lease, or sublease for the Business's location, or for the equipment or inventory therein, or lose the right to possession of the Business's location, provided however, that if any such loss of possession results through no fault of your own, and the premises are damaged or destroyed by fire, flood or o
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, Mr. Sandless can terminate the franchise agreement with only seven days to cure under specific circumstances. These include, but are not limited to, operating a business that has been abandoned for three or more consecutive days, or failing to meet obligations regarding the location of the business.
Specifically, if a Mr. Sandless franchisee fails to cure any default of their lease or sublease within the given cure period, or defaults on any note, lease, or sublease for the business location, equipment, or inventory, Mr. Sandless has grounds for termination. This also applies if the franchisee loses the right to possess the business location. However, there is an exception: if the loss of possession is not the franchisee's fault, such as in the event of damage or destruction by fire or flood, this particular clause may not apply.
It is important to note that the definition of 'abandonment' includes failing to operate the business for three or more consecutive days, with short, standard vacation periods not counting as abandonment. This highlights the importance of consistent operation and adherence to lease and financial obligations to maintain the Mr. Sandless franchise agreement.