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theross:
Don't you just hate it?  I'm sorry to moan but I have to vent.  My family business is a franchise of a nationwide courier company.  However the company has decided that it wants it's franchise's back.  So in they come and out we go.  5 years of ball breaking work, gone.  I'm lucky, I'm a fully qualified sparks (anyone hiring??) but the rest of my loved ones and the money owed out, is bad to say the least.  So I'm selling my standard disco, satnav, kidney, first born child etc.

Anyone else had this happen? Advice much appreciated.

Quick apology to jjsaul: sorry mate but I'll have to let you down on the bullbar.

Range Rover Blues:
All I can say is check your contract, you might find some of your customres loyalty goes with you, but probably not very much.  Sounds s**ty.  TAke anything that's not nailed down, including the accounts.

discograham:
Not nice..
 going to do the same to my aunts franchaise in Cornwall..  apparently her lot are going to take back loads of franchaises..  and I can imagine the kind of work youve all put in.. ..
. sorry.. to hear it...

gords:
Sounds like a chat with a solicitor is in order :shock:

Did they give a reason for wanting the franchise back? Are they doing it nationwide?

V8MoneyPit:
Let me guess..... CL??? We use them and had a letter a while back explaining their intensions to buy back the franchises over a period of time. I would have expected that they would have to negotiate with each branch to buy them back. Or are they just waiting for the contract to run out?

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