Buying or Selling a Franchise

Buying or Selling a Franchise in New Jersey

Legal Expertise for Franchisees from Lakewood to Atlantic City

Whether you are looking to enter a proven business model or exit your current investment, franchise transactions in New Jersey involve unique legal hurdles. Unlike standard business sales, franchise deals require navigating the “third party” in the room: the Franchisor.

At Riviere Advocacy Group, we represent franchisees across the Jersey Shore—including Lakewood, Toms River, Brick, Egg Harbor Township, Atlantic City, and Galloway. We ensure your rights are protected under the New Jersey Franchise Practices Act and that you aren’t blindsided by restrictive transfer requirements.

For Franchise Buyers: Due Diligence & Approvals

Buying into a franchise or distribution business requires more than just an asset review. We assist with:

  • Franchisor Approval: Navigating the application process to ensure the franchisor or distributor consents to the transfer.

  • FDD Review: Analyzing the Franchise Disclosure Documents to uncover hidden fees or mandatory upgrades.

  • Lease Negotiations: Coordinating with landlords to handle Lease Negotiations for Franchisees that align with your franchise term.

For Franchise Sellers: Protecting Your Exit

Exiting a franchise requires careful planning to minimize post-sale restrictions. We help you manage:

  • Right of First Refusal (ROFR): Managing the franchisor’s right to match a third-party offer and preempt your sale.

  • Transfer Fees: Negotiating who pays the mandatory fees often imposed by the Agreement.

  • Non-Compete Minimization: Planning for and fighting unfair post-sale restrictions on your future business activity.

Talk to our franchise attorneys today to ensure a smooth transition and a successful close.