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    consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do us
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    In any franchise company there will be cases where one franchisee will wish to retire, cashed out of their business or sell it to someone who has offered them more than they can refuse. It is a fact of life in the modern franchise world.

    Whether it is for a master franchise or a single franchised outlet each franchisor generally has either a clause in their franchise agreement for first right of refusal or first right of purchase. In my franchisee company, I could see that there were times when I wanted both clauses in my franchise agreements.

    There are cases where you'll want first right of refusal, but there are also times when you want first right of purchase. In consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do use

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    y can refuse. It is a fact of life in the modern franchise world.

    Whether it is for a master franchise or a single franchised outlet each franchisor generally has either a clause in their franchise agreement for first right of refusal or first right of purchase. In my franchisee company, I could see that there were times when I wanted both clauses in my franchise agreements.

    There are cases where you'll want first right of refusal, but there are also times when you want first right of purchase. In consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do us

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    her a clause in their franchise agreement for first right of refusal or first right of purchase. In my franchisee company, I could see that there were times when I wanted both clauses in my franchise agreements.

    There are cases where you'll want first right of refusal, but there are also times when you want first right of purchase. In consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do us

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    both clauses in my franchise agreements.

    There are cases where you'll want first right of refusal, but there are also times when you want first right of purchase. In consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do us

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    consideration of this you may wish to add a right of first purchase in your franchise agreements. Most franchise attorneys who draw up franchise disclosure documents do use boilerplate clauses for first right of refusal. I decided in our franchise company that, that was not enough for me. Below is the additional clause that I added to our franchise agreements;

    5.5 Right of First Purchase

    Franchisor requires Franchisee (or Master Franchisee) to give Franchisor the right of first purchase prior to soliciting offers from a third party if Franchisee chooses to sell their Franchised Business. Franchisee agrees to notify Franchisor in writing if Franchisee desires to sell or transfer Franchisee’s interest in their Franchised Business. Franchisor must elect to exercise Franchisor’s option to purchase Franchisee’s Franchised Business within thi

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