FRANCHISE LAW
Buying a Franchise Resale: What Buyers Should Know

A franchise resale is the purchase of an existing franchised unit from its current owner, rather than opening a brand-new location from the franchisor. You inherit a running business — its customers, staff, equipment, and cash flow — but you also step into the seller’s franchise agreement, which means the franchisor has to approve you and the transfer has its own rules and fees. Done