Franchise Resales Solicitors
Our tried and tested service works by us acting for you the franchisor, once the incoming franchisee (the buyer) has agreed terms with your existing franchisee (the seller).
We act strictly on your behalf; we drive the sale forward to meet your deadlines such as the next training date; we co-ordinate with the buyer and seller (or their solicitors) and we provide the template franchise sale agreement.
What are the advantages:
- the purchase monies go through us, which means that we deduct any monies due to you before the balance is paid to the seller
- all parties use a tried and tested franchise sale agreement which is reasonably fair to both buyer and seller
- we can issue the new franchise agreement that the buyer is expected to enter into
- it costs you nothing since our legal fees are divided equally between buyer and seller.