Protect Your Franchise Investment.

• What are the benefits of an FDD Review?

  The benefits of hiring us for your FDD review cannot be overemphasized. For example:

  We often save our clients over $100,000 in terms of less fees they pay the franchisor and/or negotiating provisions that mitigate a franchisee’s financial risk.

  • We highlight and explain the most important FDD disclosures and franchise agreement provisions.
  • We highlight legal and business concerns.
  • We highlight non-traditional and unfair provisions that can often be negotiated.
  • We help you better understand the investment and opportunity costs.
  • We provide detailed recommendations for additional due diligence to help ensure a successful investment.

  Contact us today at 1-877-858-6868 or coordinator@caklegal.com

• What does an FDD Review Include?

  It includes one of our experienced franchise lawyers: (i) reviewing and analyzing the relevant sections of the FDD; (ii) conducting a deep dive call with you to provide detailed feedback and recommended due diligence (usually 2-3 hours long); (iii) providing you with a video/audio recording of the call; and (iv) providing a detailed due diligence checklist. On your call, one of our experienced franchise attorneys will:

  • Review the FDD and franchise agreement, excluding only inapplicable addendums.
  • Highlight and explain the most important FDD disclosures and franchise agreement provisions.
  • Highlight legal and business concerns.
  • Highlight any non-traditional and unfair provisions in the franchise agreement.
  • Ensure you better understand the franchise investment’s pros and cons and provide detailed recommendations for additional due diligence.

  We also provide meaningful feedback on the business side of the transaction so you can make a more informed decision before investing.

  Please be aware that some law firms merely provide a high-level summary of your rights and obligations. But how is a summary helpful when you can and should read the FDD and franchise agreement yourself?
  We do much more than merely summarize what you could read for yourself. We act as your legal counsel to provide detailed guidance on whether a potential franchise opportunity is a good business opportunity, what due diligence you should perform, and which franchise agreement provisions should be negotiated. Upon request, we also negotiate on your behalf.

• What is the cost for an FDD Review?

  We generally charge a flat fee for FDD and franchise agreement reviews. The fee, which depends on the length of the FDD and franchise agreement and the franchisor industry, generally ranges from $2,900 to $3,500. Extra charges may apply if requesting expediated services or after-hours or weekend calls.

  Our flat fee and hourly rates are competitive. We do not try to be the “cheapest” option. Our franchise attorneys are some of the most experienced and credentialed in the nation. Prospective franchisees retain us for the best legal services value. We provide discounts for reviewing multiple FDDs.

• What is the process?

  Send us a copy of the FDD. We will provide you with a quote. After being retained, we schedule a call for about one to two weeks later. We may be able to provide expedited services for an additional cost.

• What is the cost for a franchisee-franchisor dispute?

  The review, assessment, and deep-dive consultation is usually a relatively small flat fee or based on an hourly rate, with the total often about $3,000. After that initial work, we often offer alternative fee structures, betting on ourselves and our clients. These fee structures include customized alternative blended fee arrangements, flat fees, success fees, and other results-driven incentives. Few firms offer alternative fee structures. We believe it is important to align our interest not with billable hours but with results. Please note, we also offer discounts on our hourly rates and fair flat fees for clients who use for other matters, such as employment law matters.

• What is the cost for starting a franchise?

  The cost to create a franchise varies significantly for each client, although flat fees are generally offered. That includes preparing the FDD, Franchise Agreement, applicate state disclosures, and a host of other required documents and filings. We also partner with non-legal franchise vendors that help businesses owners with the non-legal aspects of starting a franchise, including operations manual, operations, sales, and more.

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