Let us take the stress out of the process.
We will advise you:
- about the sale procedures set out in your franchise agreement that need to be followed.
- what approval process needs to be followed (and assist with the approval process if necessary).
- of all the fees and charges applicable to the transfer of the franchise business (and negotiate with the franchisor if necessary).
- about the assignment provisions set out in any lease of the franchise premises.
- whether you will be able to operate a similar or competing business to your franchise business.
- whether there are any other post termination provisions of your franchise agreement which will apply to you.
We will draft:
- sale documentation that protects your rights and interests.
- a prior representation document if necessary.