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 I sell a franchise before the end of the agreement?
If you want to sell your franchise business, you must sell it before the expiry of the term ofthe franchise agreement. This is because on the expiry of the franchise agreement all your rights to operate the business will end and you will only be left with the assets you own. If you sell your franchise business during the term you will be able to sell it as a going concern with the rights to operate the franchise. You will have to obtain the franchisor’s consent to such a sale and satisfy certain conditions set out in the franchise agreement before you can sell to a purchaser. The franchisor will want to ensure that the purchaser is the type of candidate that it would recruit itself as a franchisee and that the purchaser has the financial resources to operate the business. You will not be allowed to sell your business if you are in breach of your obligations under the franchise agreement. You will also have to pay the franchisor certain fees on the sale of the business to cover its costs of approving the purchaser and dealing with the transfer.
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 ActionCOACH UK franchise
Yes
Find Out MoreThis would be discussed at interview...
Request Free Information
Send a free enquiry to ActionCOACH UK for further information!
Start your own Platinum Property Partners franchise
Yes
Find Out More£50,000 to £150,000
Request Free Information
Send a free enquiry to Platinum Property Partners for further information!
Start your own BizSmart® franchise
Yes
Find Out More100,000
Request Free Information
Send a free enquiry to BizSmart® for further information!
Start your own Burger Drop franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Burger Drop for further information!
Start your own Dyno-Rod Plumbing franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Dyno-Rod Plumbing 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
-
A ‘workout’ plan to build and maintain a successful fitness franchise
Added one month ago | 2 min read
-
5 reasons why you should invest in Mathnasium
Added about 2 months ago | 2 min read
-
5 minutes with Greg Renk MD at care franchise Walfinch
Added about 2 months 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 -
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