The Internicola Law Firm, P.C.

• the franchisee's satisfaction of all outstanding payments,
• that the recipient of the franchise in New York assumes the franchise agreement;
• that the franchisee or recipient pays a transfer fee;
• that the franchisee agrees to comply with the franchisor's non-compete provisions; and
• that the franchisee signs a general release of claims against the franchisor and its affiliates and their respective owners, officers, directors, and employees. 

These conditions for transferring a franchise may be unique in each franchise agreement. A New York franchise attorney can help you understand your rights based on your specific franchise agreement.

You can learn more about selling or transferring a franchise by visiting our article library. 

Contacting a New York Franchise Lawyer

If you are an entrepreneur who is interested in franchising your business there is a lot you need to know, including the significance of evaluating your trademark and how to approach the preparation of your FDD. For a limited time, get New York franchise lawyer Charles N. Internicola, Esq's franchise law report to determine whether or not your business is right for franchising. Contact us today at 1-800-976-4904 for more information about Mr. Internicola's franchise law services in New York and how he assists entrepreneurs franchise their business nationwide.