newsXpress backs itself with a membership structure which enables members to leave the group at thirty days notice. There is no time this is more important than if your newsagency is for sale. Prospective purchasers look at a business from the perspective of what they can achieve with it. Sometimes this will include re-branding to mark a departure from previous ownership.
A prospective purchaser cannot re-brand if the franchise agreement a vendor has signed with a marketing group does not permit a fair and reasonable exit strategy.
Another risk with franchise agreements can be the requirement to give the franchisor first right of refusal. This means that a newsagent may have a signed buyer but cannot proceed until the franchisor decides if they are going to purchase the business. Buyers will be wary of making an offer in this situation.
At newsXpress we believe in a simple structure which sees members stay in our group because they want to and not because of an onerous contract. We believe in a structure which does not get in the way of the sale of the newsagency.
