The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
How much would it cost to get out of a franchise agreement?
A great majority of franchise agreements in the UK last for between five and 10 years. Franchisees are committed for this period and do not have the ability to terminate the franchise agreement. The reason for this is that franchisors need to make sure that franchisees are committed to the franchise business. The franchise agreement will contain detailed and tough provisions which enable the franchisor to terminate if the franchisee is in breach. There will be no such provisions in favour of the franchisee who could, nevertheless, still be able to terminate the agreement if the franchisor committed very serious breaches of the franchise agreement. This is because there is a rule of common law that if one party to a contract commits breaches which go to the root of the contract then the innocent party can terminate. If a franchisee wished to walk away then they would be in breach of contract and the franchisor could terminate the agreement and sue the franchisee to recover the loss which the franchisor will incur. Normally this loss is calculated by multiplying the continuing fees that a franchisee would pay in each year of the agreement, multiplied by the remaining years of the franchise agreement, less about 50 per cent.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Platinum Property Partners franchise
Yes
Find Out More£50,000 to £150,000
Request Free Information
Send a free enquiry to Platinum Property Partners for further information!
Start your own PACK & SEND franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to PACK & SEND for further information!
Start your own Banana Moon franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Banana Moon for further information!
Start your own Wok to Walk franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Wok to Walk for further information!
Start your own The Travel Franchise franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to The Travel Franchise for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added one month ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added one week ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one week ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news