Can a franchisor sell a franchise?
Can a franchisor sell a franchise? Franchisors do not need their franchisees' consent to sell, and they are not required to cure outstanding defaults or consider the potential impact on franchisees when they seek to court the highest bidder.
What is the difference between a franchisee and a franchisor?
While a franchisor is an established entrepreneur with a licensed business model, a franchisee is a person or corporation that owns and operates the business using the business model licensed by the franchisor.