Under what conditions can Mr. Sandless terminate the Franchise Agreement with a thirty-day cure period?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
n any twelve (12) month period (notwithstanding the cure of any individual violation).
22.3 Termination With Notice - Seven (7) Day Cure Period
We have the right to terminate this Agreement, which notice will become effective upon delivery of notice of termination, after providing you a seven (7) day cure period, if you fail to pay any sums due or owing to us or our
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, Mr. Sandless has the right to terminate the Franchise Agreement if the franchisee fails to obtain approval or consent as required by the agreement. In this instance, Mr. Sandless will provide a thirty-day cure period.
The franchisee can avoid termination by paying a lump sum of $500 to Mr. Sandless before the cure period expires. However, if the franchisee fails to comply with any other term of the agreement, this cure option may not be available.
This clause highlights the importance of adhering to the terms outlined in the Franchise Agreement and seeking necessary approvals from Mr. Sandless. The $500 payment option provides a limited opportunity to rectify specific failures related to obtaining approval or consent, but it does not cover all potential breaches of the agreement. Franchisees should be aware of all the terms and conditions to avoid potential termination.