What is the minimum notice Pearce Bespoke must give a franchisee in Minnesota for nonrenewal of the Franchise Agreement?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) In accordance with Minn. Stat. § 80C.14 subd. 3-5, except in certain specified cases, we will give you 90 days notice of termination (with 60 days to cure) and 180 days notice for nonrenewal of the Franchise Agreement. Additionally, we will not unreasonably withhold our consent to a transfer of your Board and Brush Creative Studio.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Minnesota franchisees are entitled to specific protections under Minnesota law. Regarding nonrenewal of the franchise agreement, Pearce Bespoke must provide the franchisee with at least 180 days' notice.
This requirement is in accordance with Minn. Stat. § 80C.14 subd. 3-5. The statute mandates a 180-day notice period for nonrenewal, except in certain specified cases not detailed in the excerpt. This amendment ensures that Minnesota franchisees have sufficient time to prepare for the end of their franchise term, seek alternative business opportunities, or negotiate a renewal.
Additionally, the FDD states that Pearce Bespoke will not unreasonably withhold consent to a transfer of the Board and Brush Creative Studio. This provision further protects the franchisee's investment by allowing for the possibility of selling the business, even if the franchise agreement is not renewed. These stipulations modify the standard franchise agreement to comply with Minnesota's franchise laws, which are designed to offer additional protections to franchisees operating within the state.