What is the minimum notice period Pearce Bespoke must provide for termination of a franchise agreement in Minnesota (with opportunity to cure)?
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 regarding franchise termination. Pearce Bespoke is required to provide a minimum of 90 days' notice of termination, along with 60 days to cure the issue that led to the termination notice. This amendment ensures that Minnesota franchisees have adequate time to address any deficiencies before the franchise agreement is terminated.
This Minnesota-specific stipulation offers a significant benefit to franchisees in the state, as it provides a longer cure period compared to the standard 30-day cure period mentioned elsewhere in the FDD. This additional time can be crucial for franchisees to rectify any issues and maintain their franchise agreement with Pearce Bespoke.
Prospective Pearce Bespoke franchisees in Minnesota should be aware of this addendum and understand their rights regarding termination and non-renewal. It is also important to note that Minnesota law prohibits Pearce Bespoke from requiring litigation to be conducted outside of Minnesota, requiring waiver of a jury trial, or requiring consent to liquidated damages, termination penalties, or judgment notes.