How can HSR Law help you?
At HSR Law, we spend the time to get to know you and your franchise, so that we can appropriately assist you in reviewing your agreement and giving you tailored advice to update the franchise agreement to reflect the current business needs.
Are you considering acquiring a fellow franchise? Or is it a competitor of the franchise? Or a franchisee of franchise?
HSR are highly experienced in advising clients on the appropriate solutions on either an acquisition or disposal. Working collegiately with our clients’ other advisers, we can advise you in the drafting of heads of terms, the sale and purchase agreement (whether that is an asset purchase of purchase of shares), termination agreements etc to try and ensure the process is smooth.
About HSR Law and how we can assist you with your franchising requirements
HSR Law has a dedicated Company and Commercial team comprising 5 fee earners who are ready to assist you with your franchising requirements. However, our clients come from the length a breadth of England and Wales.
We handle matters for both Franchisors and Franchisees, and our niche is acting for small to medium sized franchises and franchisees who anticipate their turnover to be less than £2m per franchise.
We have a dedicated team of 5 colleagues working within our Company and Commercial Team, who spend time to get to know you and your requirements so we can best advise accordingly.
We are small enough to care, but large enough to cope.
Your Experienced/Existing Franchisor Team
Our recent cases have included:
- Acting for the franchisees of a large property franchise looking to dispose of their territory and negotiating the terms with the Franchisor and the Buyer.
- A franchisee looking to acquire further territories from an existing franchisees and the most appropriate route to acquire the business.
- Selling a non-franchised business to a franchised business, which included a deferred payments subject to clawback.
- A sale of a Corporate Franchisee to an existing franchisee via a sale of the entire issued share capital. This included careful negotiation around the free cash within the business and working with the client’s accountant.