An exit strategy in franchising refers to the plan a franchisee has for leaving the business, whether through resale, transfer, or closure. It’s an important part of long-term planning and should be considered before signing the franchise agreement. The franchise agreement typically includes an assignment clause and may specify conditions for transferring the franchise to a new owner. A solid exit strategy helps maximize the value of the business and ensures a smoother transition when the time comes to move on.
Exit Strategy
This term
An exit strategy outlines how a franchisee plans to leave or sell their business.
Joe Bailey
Lead Franchise Advisor & Owner
At Franchise Reports, the goal is simple: help you find better franchises.
