Selling a Franchised Business

Selling a franchised business presents some unique issues and obstacles not present in a typical business sale.

Rather than simply closing a deal between a buyer and seller, the sale of a franchised business is a three-party transaction involving a buyer, seller, and a franchisor. It is common for a Franchise Agreement to impose numerous requirements and restrictions on a franchisee’s ability to sell its franchised business.

If addressed proactively, these requirements can actually facilitate a transfer. If the contractual requirements are ignored, then problems will arise that can quickly derail a transaction.

Perkins Law has extensive experience negotiating and documenting the purchase and sale of franchised businesses. We can help you protect yourself and close a better deal.

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