When buying a franchise, reviewing the FDD with an attorney is a critical part of the due diligence process. The FDD (Franchise Disclosure Document) contains legal disclosures that a franchisor must provide to you no less than 14 days before you sign a franchise agreement or pay money to the franchisor. Use your time wisely, and consult a franchise lawyer to make sure you understand your obligations under the agreement you will be signing and exploit this opportunity to negotiate better terms while you have some leverage.
Canada Lewis attorneys are experts in franchising. We draft, negotiate, enforce, and litigate franchise agreements every day. Contact us for help reviewing, understanding, and negotiating your franchise agreement.
We review FDDs for a flat fee of $2100 which includes a 7-10 page memo and a 30 minute call to discuss any additional questions you may have.
We can also assist with direct negotiations with our franchisor or help in drafting or reviewing an addendum of negotiated terms. We provide these and other services at our standard hourly rates.