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FranchiseKEY Frequently Asked Questions - FAQ

Frequently Asked Questions

What happens when a franchisee sells his business to someone else? Must an entrance fee be paid again? Can the franchisor refuse?
Article

The person purchasing your franchise may have to pay all or part of an entry fee ...

… if a provision has been made for this and this is generally the case when the franchisor must provide new services to make the new franchisee successful – clarifying standards, training, assistance, etc... Ask the franchisor what the provisions are.

The franchisor can refuse to accept the person wishing to purchase the franchise if the franchise contract provides for this.

Jean Samper, ConsultantArticle

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