Selling a Franchise
Our California Franchise Law Attorney Can Service as Your Guide
When it is time to sell your franchise, there will be a legal road ahead you will have to navigate to ensure the sale is legal and you are protected. With Franchise Legal Support and our franchise attorney in Los Angeles on your side, you will not need to worry yourself with all the rules, regulations, legal requirements and agreements associated with selling a franchise location. We handle the entire process.
Topics of discussion we will want to review, or that we can handle for you, include:
- What you need to do before selling
- How to transfer the lease and franchise agreements
- Negotiating and drafting Asset Purchase agreements, transfer agreements and escrow
- Reviewing any restrictions on ownership transfers
- Protecting you from post-sale issues
You undoubtedly want the sale of your franchise to be as profitable as possible. Mistakes in paperwork can result in a major loss of time and money. You will want to know that the person you are selling to can make payments on time, has the skills needed to maintain the franchise, and will treat employees with respect. These are all things your attorney can help you with.
Want professional support when selling your franchise? Contact us now.
Put Decades of Franchise Experience on Your Side
Selling a franchise is unlike selling any other sort of business. Due to a franchise being a branch or limb of a larger franchise company, there are unique challenges associated with ending or transferring ownership. As with how you ran your franchise location was dependent on allowances from the parent franchise company, so might be how you can choose to sell it.