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Ensure you’re protected when selling your franchise business
If you want to sell your individual franchise business, you’ll need a Franchise Sale Agreement. Our expert team of lawyers can help you hit the ground running. Get in touch with us today.
A Franchise Sale Agreement customised to your needs
A review of your Franchise Agreement regarding provisions for selling your franchise
Phone consults with our expert lawyers
Advice on your legal rights & obligations
sprintlaw
If you’re selling a franchise, you need to be aware of certain laws that apply to the sale. Like selling any other business, advertising laws apply to your transaction.
For example, when you’re advertising your franchise, you need to ensure you aren’t misleading or deceiving people about your business and what the sale includes. To learn more about your advertising obligations in a franchise sale, read through the Consumer Protection from Unfair Trading Regulations.
Your franchise sale will also be bound to the rules set out in your Franchise Agreement. For example, if you’re a franchisee and you want to sell your franchise, you need to ensure that your Franchise Agreement actually allows you to do so and that the franchisor provides their consent for this sale.
A Franchise Sale Agreement sets out the purchase amount, list of assets that are included in the sale, and provisions to reflect additional details of the deal that have been negotiated with the purchaser and franchisor.
As a seller, it is important to ensure this agreement is drafted correctly, as it confirms your rights to payment and ensures you are protected from from liability for issues that may occur with the business after the sale.
Our fixed fee packages for Franchise Sale Agreements start at £500 + VAT. This includes a Franchise Sale Agreement drafted to your specific requirements, a review of your Franchise Agreement regarding provisions for selling your franchise, consults with our expert lawyers, and a complimentary amendment to the final draft we provide to you.
Please note that this is a limited-scope package for contract-drafting. This package does not include any other assistance with the business sale process, such as negotiations, settlement or correspondence with the buyer, their lawyers or the franchisor.
Sprintlaw is a new type of a legal practice called a ‘legal consultancy.’ This is a new, innovative model of practice which has been available since 25 November 2019 when the Solicitors Regulation Authority (SRA) rolled out certain regulatory reforms in England and Wales. You can read more about legal consultancies in our ‘FAQs’ page, here.
To work with us, just submit an enquiry through the site. After you’ve submitted an enquiry, one of our legal project managers will review your enquiry within 1 business day and get in touch to get a better idea of exactly what you are looking for.
Then your legal project manager will send through an email with a bit more information about the services you need, along with a fixed-fee quote setting out costs, scope of the service and timing. Have a read through it, and if you’re happy with the scope, you can accept and sign our engagement letter online – easy!
Once you’ve formally accepted, we’ll connect you with one of our lawyers and they will work with you to complete your project over email, phone and/or video chat – whatever you’d prefer
Our team is made up of experienced lawyers, who are specialists in various areas of law. Many of our team have trained at leading law firms and left the traditional corporate law world to join us on our mission to create a new and better way of delivering legal services. Our team has expertise in all areas of startup law, including technology law, intellectual property law, contract drafting and review, corporate law and commercial law.
Our use of technology allows our team members to work remotely from around the world, including the UK and Australia. We generally work with our clients entirely online and over the phone. Our UK team often work out of Flow Space co-working spaces in London.
We’re an award-winning, totally online law firm. Forget the hassle of meeting a lawyer face-to-face. Our top-trained lawyers are ready to help wherever you are.
Our lawyers were recruited from top law firms and use our custom-built technology to provide a better and more affordable legal service.
1 / Get a free quote
Our legally trained consultants will prepare a fixed-fee quote for you.
2 / Accept online
Accept your fixed-fee quote and e-sign our engagement letter.
3 / Speak with a lawyer
Our expert lawyers will talk you through your project via phone, video call or whatever suits!
That's it!
Receive your completed project, usually within 5 - 10 working days.
Adapt Leadership
“Can't speak highly enough of my experience with Sprintlaw - quality advice, fast and efficient responsiveness and a professional product.”
Kiindred
“I had a fantastic experience with Sprintlaw - it was easy, cost-effective and their lawyers provided very high quality advice. I could tell they really cared about my business.”
Soul Burger
“They’ve helped us tremendously and are seriously knowledgeable and honest. Couldn’t recommend the crew at Sprintlaw more!”