Established Franchisors

Unique issues arise for an on-going or growing franchise.

As time goes on, an existing franchisor may evolve, changing its structure, the way it sells franchises, or the terms of its franchise agreements. It may decide to sell franchises in new states. It may want to obtain or renew financing. Or, it may negotiate deals with vendors or suppliers.

At the same time, it will continue dealing with its existing franchisees. The franchisor will need to monitor existing franchisees to ensure compliance with the system and the franchise agreement. It may need to oversee or participate in transfers by franchisees. And, hopefully, it will want to renew most franchise agreements as they reach the end of their terms.

All the while, the franchisor will continue its own internal business operations, handling issues related to contracts, corporate matters, employment, real estate, negotiations, disputes, etc.

Our lawyers understand and have experience in these types of dealings. We provide the following types of services to established franchisors:

  • Regularly review, modify and update your FDD, in compliance with the FTC-Rule
  • Ensure compliance with the law of each particular registration state
  • Review and modify franchise agreements and related agreements
  • Negotiate and contract with approved vendors and suppliers
  • Negotiate and document deals with new prospective franchisees
  • Monitor and deal with existing franchisees
  • Oversee and assist in transfers by existing franchisees
  • Negotiate and complete renewals
  • Provide ongoing legal support in all business areas (i.e. serving as general counsel in business transactions, employment issues, litigation (and litigation avoidance), etc.)

Contact

Jeff Wheelock

Read what others have to say about our franchise expertise

Jeff took me through my franchise agreement line by line making sure i understood every detail i was signing. He focused on two main categories - am i protected if things go really well and am i protected is if things do not go well. I had no idea how exposed i was in the downside scenario until he walked me through a few example situations. I also did not understand the exposure i was taking on the upside scenario. When i read the agreement i read the part about territory completely wrong and because of his accurate assessment of territory i chose to not pursue this franchise. He created a simple to read addendum that i was able to send on to the franchise owners and gave me great tips on negotiating terms. When i find another franchise i intend to pursue i will definitely contact Jeff again to review any agreements before i sign.
Diane H.
Jeff Wheelock is a MUST for anyone considering purchasing a franchise whether new or resale. There is no better return on investment than having an experienced franchise attorney review an often one-sided agreement. Jeff will identify red flags and other clauses you will want to negotiate. Do NOT buy a franchise without first having Jeff review all of the documents. The small investment will pay huge dividends in the long run.
Mark B.
Jeff Wheelock has been great to work with and his knowledge of franchise law has been invaluable during the daunting task of our franchise acquisition. He is patient, thorough easy to get ahold of and explains things in easy to understand verbiage. We are very confident that with Jeff by our side regarding all franchise legal matters, we have a true team mate to help guide us! We highly recommend him.
Rachel S.

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