franchisor ceased trading Posted by NervousDD

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franchisor ceased trading

Posted by NervousDD in Franchise on 16.02.2012 5:19:15 pm | 306 views

Hi, I wonder if you could help. Our franchisor has just sent a letter saying they have ceased trading ( hence end of franchise). there was no warning for this, but a few months go we got a letter telling us that our activity was too low, and the franchise would be taken back from us... yet we were still in the initial 2 years where sales targets didn't matter. I've checked and the company is still registered as active, there are no credit warnings, and still has a web shop. Another franchisee has only had theirs for a few months, is there anything we can do to redress the issue??????

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