The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
Can a franchisee sell their business at any time?
A franchisee’s ability to sell their business will be governed by the terms of their franchise agreement and it is unlikely they will have an unrestricted right to sell their franchise business.Usually a franchisor will want to be able to exercise complete control over its franchise network. This means that a franchise agreement is likely to contain numerous conditions that must be met before any sale of the franchise business can go ahead.The conditions may include providing the franchisor with details of the proposed purchaser, the proposed purchaser satisfying the franchisor of its business experience and financial standing, payment of the franchisor’s costs of approving the proposed purchaser and entering into a new franchise agreement with them, and payment of an ‘introduction’ fee in the event that the franchisor introduced the purchaser to the franchisee.Therefore, while the franchisee may have the potential to sell its franchise business at any time, it will usually only be able to do so when specific conditions imposed by its franchisor are met.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Aspray Limited franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Aspray Limited for further information!
Start your own Auntie Anne’s franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Auntie Anne’s for further information!
Start your own Amorino UK franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Amorino UK for further information!
Start your own Anytime Fitness franchise
Yes
Find Out MoreOperational breakeven in the first month...
Request Free Information
Send a free enquiry to Anytime Fitness for further information!
Start your own Tariq Halal Meat franchise
Yes
Find Out More£1.352m (estimated EBITDA £236k)
Request Free Information
Send a free enquiry to Tariq Halal Meat for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added 2 weeks ago | 2 min read
-
Fat Phill’s set to make its British debut
Added one day ago | 2 min read
-
How to get funding for your franchise business
Added 5 days ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news