At LegalVision, we have assisted with franchise network sales worth hundreds of millions of dollars. It is always gratifying to see the network owner rewarded for their years of hard work.
Nonetheless, selling a franchise network presents some unique and complex issues, so it is worth laying the foundations for this sale long before you begin the formal sale process. This includes:
+ collating relevant documentation;
+ networking to find appropriate buyers; and
+ selecting the right buyer.
+ networking to find appropriate buyers; and
+ selecting the right buyer.
To help you to prepare for and undertake the sale of your franchise network, this free guide outlines the seven key steps you need to take, including:
1. identifying the sales method;
2. ensuring your documentation is in order;
3. marketing the business for sale;
4. initial documentation, negotiation and deposit;
5. undertaking due diligence;
6. completion; and
7. sale post-completion.
Download the guide today. If you need further legal assistance with your franchise network sale, our experienced franchise lawyers can assist. Call us on 1300 544 755.
2. ensuring your documentation is in order;
3. marketing the business for sale;
4. initial documentation, negotiation and deposit;
5. undertaking due diligence;
6. completion; and
7. sale post-completion.
Download the guide today. If you need further legal assistance with your franchise network sale, our experienced franchise lawyers can assist. Call us on 1300 544 755.
About LegalVision
LegalVision is a commercial law firm that provides unlimited legal support to SMEs and in-house teams through a fixed-fee membership. We help businesses manage all aspects of commercial and corporate law, including employment law, commercial contracts, mergers & acquisitions, intellectual property and business disputes with fast, practical advice, using custom-built tech to deliver predictable pricing and on-demand access to specialist lawyers across the UK, Australia and New Zealand.