Buying or Selling a Franchise
Franchise Law:
We assist clients with:
- Review and explanation of Franchise Disclosure Documents (FDDs)
- Analysis of franchise agreements and ancillary contracts
- Identification of restrictive covenants, renewal conditions, and exit limitations
- Negotiation of key economic and operational terms
- Structuring franchise sales, transfers, and assignments
- Coordination with franchisors to obtain required approvals
- Risk assessment prior to signing or closing
Franchise-Specific Transaction Considerations
Franchise transactions raise issues not present in ordinary business sales, including required franchisor consent, rights of first refusal, transfer fees, and mandatory re-franchising on current agreement forms. We help clients anticipate and navigate these constraints to avoid unexpected exposure.