Franchise Re-sales

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Franchise Re-sales

So you’ve decided that franchising is the perfect solution for you, meeting both your business objectives and entrepreneurial spirit. You’ve done your research and have finally found the ideal proposition. But wait, what’s this? You discover the franchise you’ve chosen has put up a ‘no vacancies’ sign. What can you do?!

The answer could be to buy an existing franchise outlet.

Our expert franchise lawyers have years of experience dealing with franchise re-sales. We have an excellent reputation for progressing sales quickly and with as little complication as possible, while protecting your interests through thoroughly-drafted legal agreements.

Get in touch to arrange an initial consultation
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If you are selling a franchise...

If you are selling a franchise, you will need to ensure that whatever steps you take are in accordance with your franchise agreement.

Review your agreement with a bfa affiliated franchise lawyer to ensure all your obligations are fully met. And once the sale has completed, you will need to confirm that all your liabilities to the franchisor have ceased completely.

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If you are buying a franchise...

Expect to sign contracts with both the existing franchisee as well as the franchisor, and make sure you have carried out your due diligence and that you are protected with suitable warranties in your purchase agreement.

It always pays to take advice from a bfa affiliated franchise lawyer whether you are buying or selling a franchise.

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“Working with Goldstein Legal has been fantastic. From my first meeting with Roz [Goldstein], everything ran smoothly – no hiccups. The team listened to our plans and provided the legal advice we needed. Goldstein Legal know franchising inside out!”

Ready to get started? Arrange your initial consultation today.

Get in touch

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We regularly blog on subjects related to franchising in the UK, commercial law and employment law.

Goldstein Legal’s founder, Roz Goldstein to retire from Leading Goldstein Legal in September 2023

Goldstein Legal’s founder, Roz Goldstein to retire from Leading Goldstein Legal in September 2023 Goldstein Legal, the legal franchising boutique that operates from Nexa, the consultancy platform, announces that founder...

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My legal life: Roz Goldstein, Goldstein Legal – Eyes on the Franchise Prize

My legal life: Roz Goldstein, Goldstein Legal - Eyes on the Franchise Prize  I went to Bristol Polytechnic (now the University of West of England) to do my law degree...

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Leading commercial law firm based in Windsor with clients all over the UK. Specialists in franchising, commercial property, employment law, IP & brand licensing

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Avatar Goldstein Legal @goldsteinlegal ·
20 Mar

A great day at Barclays Eagle Labs led by Mel Alfieri for their first Women in Franchise event. Suzie McCafferty started the day with a thought-provoking run down on current hot topics in franchising and the day finished with Jen Chapman leading an inspiring neuroscience session

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16 Mar

Last Thursday saw the Elite Franchise Top 100 Awards celebrating the achievements of the franchise industry. Congratulations to the winners and to all the franchisors who made the Top 100.

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Avatar Goldstein Legal @goldsteinlegal ·
10 Mar

What is your business worth? Always an interesting topic, there are so many variables. Last week's "First Friday" led by Stephen & Jim from proved just that. Their valuation tool that they demonstrated proved this and was most certainly food for thought

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Avatar Goldstein Legal @goldsteinlegal ·
2 Mar

This Thursday is the day for March's @BFA_UK Power Hour. Go to the British Franchise Association website to register to join. This month's topic is about franchise recruitment. The Power Hour gives you the opportunity to learn or share with the franchising community.

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