If you are a franchisee selling your franchise to another party, you need to notify the franchisor and obtain their consent. This is a requirement of most franchise agreements.
To simplify this process for you, LegalVision has created this free proforma letter template that you can customise. It will advise the franchisor:
+ of your intention to reassign the franchise;
+ who the franchise will be assigned to; and
+ request a Deed of Assignment and other information.
+ who the franchise will be assigned to; and
+ request a Deed of Assignment and other information.
If you need any assistance selling your franchise, LegalVision’s experienced sale of business and franchising teams can assist. Just call 1300 544 755.
About LegalVision
LegalVision is a market disruptor in the commercial legal services industry. Our innovative business model and custom-built technology assist our lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 150,000 businesses.
The firm was awarded NewLaw Firm of the Year at the Australian Law Awards and named fastest growing law firm in the Asia-Pacific by the Financial Times.
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