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Law Firm of Badeaux & Associates
Law Firm of Badeaux & Associates

16055 Space Center Blvd., Suite 260,
Houston, TX 77062
On Space Center Blvd., near Bay Area Blvd.
(281) 486-4737

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HomePractice AreasBusiness LawFranchise Law FAQ

Franchise Law FAQ

Franchise Law FAQ

Practice Areas

Wills and Estates

  • Wills and Trusts
  • Powers of Attorney and Directives to Physician
  • Why Choose Us for Wills & Trusts
  • Estate Taxes
  • FAQ Wills and Estates

Probate

  • Probate Estate Administration
  • Why Choose Us for Probate
  • Executor and Trustee duties
  • Guardianship of Incapacitated Person
  • FAQ Probate

Real Estate Law

  • Real Estate
  • Why Choose Us for Real Estate
  • FAQ Real Estate
  • Commercial Real Estate
  • FAQ Commercial Real Estate

Business Law

  • Business Law
  • FAQ Business Law
  • Buy-Sell Agreements
  • Franchises

Read Client Reviews

What is a franchise?

A franchise is a franchisor’s trade name, products, list of suppliers, and methodology. The franchisee (buyer) licenses these from the franchisor when the franchisee purchases the franchise. Common industries that franchise are restaurants, fitness/health centers, day cares, salons, pet supplies, tax services, construction products, professional services, and retail outlets.

What is the uniform franchise offering circular (UFOC)?

The UFOC is a document required by the Federal Trade Commission because of prior abuse by franchisors who made unfounded promises to unwitting buyers of franchises. The UFOC is the main document the franchisee’s attorney should read. It has disclosures about the franchisor’s history, the details of the costs involved in the franchise, and the franchisee’s responsibilities during the franchise.

What is the average length of time of a franchise?

Ten to fifteen years.

What are the costs to start up the franchise business?

The initial franchise fees are generally $10,000.00-$100,000.00, but total startup costs can be $600,000. Startup costs could include a lease, build out, training costs, attorney fees, inventory, and equipment.

Does the franchisor sign the lease for the franchisee’s business?

Generally, no only the franchisee has liability for the lease.

Can the franchisee set its own price for the franchise products depending on its local demographics?

Generally, no.

Are there other lump sums payable after the franchise term has begun?

Generally, yes. For example, remodeling if a store is involved.

What happens if the franchisee dies?

Generally, the franchise agreement contains a right to buy the franchise back by the franchisor; therefore, the franchisee’s family or heirs do not inherit the franchise.

Can the franchisee sell or terminate the franchise?

Generally, no.

Can the franchisee compete against the franchisor when the franchise is over?

Generally, no, and this restriction can be a huge detriment to the franchisee who is skilled in that one industry.

Read more about our franchise law services

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Practice Areas

Wills and Estates

  • Wills and Trusts
  • Powers of Attorney and Directives to Physician
  • Why Choose Us for Wills & Trusts
  • Estate Taxes
  • FAQ Wills and Estates

Probate

  • Probate Estate Administration
  • Why Choose Us for Probate
  • Executor and Trustee duties
  • Guardianship of Incapacitated Person
  • FAQ Probate

Real Estate Law

  • Real Estate
  • Why Choose Us for Real Estate
  • FAQ Real Estate
  • Commercial Real Estate
  • FAQ Commercial Real Estate

Business Law

  • Business Law
  • FAQ Business Law
  • Buy-Sell Agreements
  • Franchises

Read Client Reviews

Meet Our Attorneys

joanne
Joanne M. Badeaux
Senior Attorney
In her 30 years of practicing law, Joanne M. Badeaux has had the pleasure of representing multiple generations of families in their estate planning, probate and real estate matters. Joanne has seen a… Read More About Joanne
Shelby G. Perrin's Profile Image
Shelby G. Perrin
Associate Attorney
In her over 15 years of experience, Shelby G. Perrin has drafted thousands of Wills and Trusts, and handled hundreds of Probate cases. Shelby is very dedicated to her clients and many times represents… Read More About Shelby

Contact Us
Law Firm of Badeaux & Associates
16055 Space Center Blvd., Suite 260
Houston, TX 77062
Phone: (281) 486-4737
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Law Firm of Badeaux & Associates
16055 Space Center Blvd., Suite 260
Houston, TX 77062
(281) 486-4737
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Copyright © 2023 Law Firm of Badeaux & Associates
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