Legal Representation For Subfranchisors/Master Franchisees
Having ownership rights to a region or state for the sale of a franchise, also known as a master franchise, can provide an unparalleled business opportunity. However, this must be handled carefully and cautiously to protect your interests.
If you are thinking about becoming a subfranchisor by purchasing a Master Franchise or are seeking advice regarding an existing franchise arrangement, the Chicago area lawyers at Carter & Tani, Attorneys at Law, can protect your best interests. We have more than 25 years of experience handling franchise and related business law matters nationwide. As a small firm, we are able to provide personalized legal services without the overhead of a larger firm. Contact our subfranchisor attorneys to learn how we can preserve your best interests. We are conveniently located in the Chicago suburb of Wheaton, Illinois.
Helping Subfranchisors Develop Regional Programs
A subfranchisor, also known as a master franchisee, area developer or development agent, acquires the right to offer and sell subfranchises within a particular territory from a national or international franchise.
Within that territory, the subfranchisor performs the services of the franchisor. When offering a franchise for sale, the subfranchisor must comply with all of the federal and applicable state franchise laws and regulations that apply to franchisors and franchise sellers.
If you are planning to start a business as a master franchisee or area developer, we can assist you in reviewing and negotiating the master franchise agreement or area developer agreement. You want to make sure you understand your legal obligations, rights and responsibilities before you begin offering franchises for sale.
Keeping Subfranchisors in Compliance With the Law
If you are already a subfranchisor and you are in the process of offering franchises for sale in your territory, you must comply with state and federal franchise laws. We have experience preparing subfranchise agreements and Franchise Disclosure Documents for subfranchises. We will work with your franchisor in order to prepare documents that comply with franchise law and your contractual obligations to the franchisor. Depending on your territory, if you are required to register the subfranchise with the state before you begin selling subfranchises, we can assist you in obtaining a franchise registration.
We provide a full range of services for subfranchisors, including:
- Registration and disclosure
- Franchise Compliance and Training
- Franchise relations and operation
- Business transactions
- Buying and selling businesses
- Commercial leases
- Franchise renewals, terminations, defaults and transfers
As franchise attorneys, we know that the legal maintenance of a franchise is ongoing. You can trust our Chicago area attorneys to keep your Franchise Disclosure Document up-to-date, keep your franchise registrations current, provide franchise compliance training and assist you in your relationship with franchisees, while keeping you informed about any changes in the law.
Contact Our Chicago Area Subfranchising Lawyers
Contact Carter & Tani, Attorneys at Law, to speak with an experienced franchise lawyer in Wheaton, Illinois. We would be happy to help you accomplish your short-term and long-term business goals.