The Internicola Law Firm, P.C.

What is a Unit Franchise?

When starting a franchise in New York, there are several ways in which you may be able to structure your franchise arrangement. One way is to structure your franchise as an individual, or unit franchise. Structured as a unit franchise, you will be granted the right to develop and operate one franchise at a specific location, and within a specific territory.

A unit franchise is the typical structure of a service business franchise. This is because this type of franchise requires the expertise of the business franchisee. Some examples of service businesses that are franchised on a unit-by-unit basis include those in the industries of: 

• foodservice;
• lodging;
• home inspection;
• real-estate; and
• automotive services. 

If you invest in a unit franchise, you may be granted the rights to acquire additional unit franchises. These rights may be offered as an incentive for growth with the business franchisor. However, keep in mind that these rights may be subject to your business performance, and structured as a future option or as a right of first refusal.

If you have questions about structuring your franchise as a unit franchise arrangement, you can get the professional advice of a New York franchise lawyer.

If you plan to start a franchise in New York, there are several types of franchise structures that you may be able to choose from. However, there may be certain advantages or disadvantages in your particular case. Therefore, before you choose, you should get the professional advice of 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 Franchise Disclosure Document. For a limited time, get New York franchise lawyer Charles N. Internicola, Esq's franchise law report to determine whether 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.