Purchasing a new or existing franchise business is a major decision with long-term financial impact and the decision should be made only after consultation with legal and financial advisors. It is important that franchisees understand the business relationship and legal effects of their prospective franchise agreement.
Culhane Meadows’ experienced franchise attorneys represent prospective franchisees that are considering purchasing a franchise. For these clients, we review and comment on the franchisor’s FDD, and, if requested, we assist in the negotiation of changes to the franchise agreement. We also assist existing franchisees with other transactions such as transfers and franchisor buy-backs, lease reviews and negotiations, and financing transactions.