Franchise Acquisition Lawyer • Collierville, Tennessee

Franchise Acquisition Lawyer in Collierville

Buying a franchise is a significant investment with unique legal complexities. Our Collierville franchise acquisition lawyers guide buyers through FDD review, franchise agreement negotiation, and franchisor consent for franchise purchases across Healthcare, Logistics, Finance, bringing 15+ years of transaction experience and Managing Partner involvement to every engagement.

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Selective M&A Practice
Personal Attention
Senior Counsel on Every Deal

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What We Do

Alex Lubyansky handles franchise acquisition law work for buyers and sellers in Collierville and across the country. Here is what that looks like:

  • Franchise Disclosure Document (FDD) review and analysis
  • Franchise agreement negotiation with franchisors
  • Franchisor consent and transfer approval coordination
  • Asset purchase agreements for franchise resale transactions
  • SBA loan documentation and lender coordination for franchise purchases
  • Lease assignment and new lease negotiation
  • Non-compete and territory protection analysis
  • Multi-unit and area development agreement review

Who We Serve

We work best with people who know what they want and are ready to move:

  • First-time franchise buyers evaluating a franchise investment
  • Buyers purchasing an existing franchise location from a current owner
  • Multi-unit franchise operators expanding their portfolio
  • SBA-financed buyers who need lender-compliant franchise transaction documents
  • Franchise resale buyers navigating franchisor consent requirements
  • Investors acquiring franchise businesses as passive or semi-passive investments

See If Your Deal Is a Fit

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Our Process

A structured, methodical approach to franchise acquisition law

1

FDD Review & Risk Assessment

We review the Franchise Disclosure Document, identifying key risks in the franchise agreement, financial performance data, litigation history, and franchisee obligations before you commit.

2

Franchise Agreement Negotiation

While many franchise terms are standardized, certain provisions are negotiable. We identify where you have leverage and negotiate terms that protect your investment and operating flexibility.

3

Transaction Documentation

Managing Partner Alex Lubyansky handles the purchase agreement, assignment documents, and all ancillary agreements required to transfer the franchise to you.

4

Franchisor Consent & Coordination

We coordinate with the franchisor to secure transfer approval, manage training requirements, and ensure all conditions for consent are met on schedule.

5

Closing & Transition

We manage the closing process across all parties, including franchisor, seller, lender, and landlord, ensuring every consent and condition is satisfied for a clean transfer.

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What Happens After You Submit

We don't take every matter. Here is what happens when you reach out.

1

Personal Review (Within 24 Hours)

Alex reviews your transaction details personally. No intake coordinators, no junior associates screening your submission.

2

Fit Assessment

We evaluate whether your deal aligns with our practice. Not every matter is a fit, and we will tell you directly if it is not.

3

Initial Conversation

If there is alignment, Alex schedules a direct call to discuss your transaction, timeline, and objectives.

4

Clear Engagement Terms

Before any work begins, you receive a written engagement letter with defined scope, timeline, and fee structure. No surprises.

Request Your Collierville Engagement Assessment

Alex Lubyansky handles every franchise acquisition law engagement personally.

15+ years of M&A experience. Nationwide. One attorney on every deal.

Request Engagement Assessment

We review every transaction inquiry within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy

Questions to Ask Any M&A Attorney Before Hiring

Use these before you call any firm, including ours.

1. "Who will actually handle my transaction?"

At many firms, a partner sells the work and a junior associate does it. Ask for the name of the attorney who will draft and negotiate your documents.

2. "How many M&A transactions has the lead attorney closed in the past 12 months?"

Volume indicates current, active deal experience, not just credentials from years ago.

3. "What is your experience with my deal size and industry?"

A $500K SBA acquisition and a $50M PE deal require different skill sets. Make sure the attorney has handled transactions similar to yours.

4. "Will you coordinate with my CPA, financial advisor, and broker?"

M&A transactions require a team. Your attorney should work with your other advisors, not in a silo.

5. "How do you handle post-closing disputes?"

Reps, warranties, and indemnification claims surface months after closing. Ask whether the firm handles post-closing litigation or refers it out.

6. "What is your fee structure, and what drives cost?"

Hourly, flat fee, or hybrid. Ask what factors increase legal costs so there are no surprises.

Frequently Asked Questions

Common questions from Collierville clients

Why do I need a lawyer to buy a franchise?
Franchise transactions involve unique legal documents that general business attorneys rarely encounter. The FDD alone can be 200+ pages of complex obligations, restrictions, and financial data. A franchise acquisition lawyer identifies the risks hidden in those documents and negotiates protections that a standard business attorney would miss.
What should I look for in a Franchise Disclosure Document?
Key areas include Item 3 (litigation history), Item 7 (total investment costs), Item 19 (financial performance representations), Item 17 (renewal and termination provisions), and the franchise agreement itself. We review every section and provide you with a clear summary of what you are agreeing to and where the risks are.
Can I negotiate a franchise agreement?
Many franchisors present their agreement as non-negotiable, but certain terms can often be modified, especially for experienced operators or multi-unit buyers. We know which provisions are commonly negotiable and how to approach the franchisor to secure better terms without jeopardizing the deal.
How does buying an existing franchise differ from buying a new one?
Purchasing an existing franchise involves a business acquisition plus a franchise transfer. You need the franchisor's consent, must meet their buyer qualifications, and often face additional transfer fees and training requirements. The transaction requires both M&A expertise and franchise-specific knowledge.
How long does a franchise acquisition take?
Franchise acquisitions typically take 60 to 90 days from signed LOI to closing, though franchisor consent timelines can extend this. Acquisition Stars moves quickly through document review and negotiation so the franchisor approval process, which is outside your control, becomes the only variable.
How do Tennessee non-compete laws affect franchise acquisition law transactions?
Enforceable under common law if reasonable. Tennessee courts apply a reasonableness standard, examining whether the restriction protects a legitimate business interest and is reasonable in time, geography, and scope. Tennessee courts will blue-pencil overbroad covenants. Tennessee law requires independent consideration for non-competes signed after the initial hire.
What can I expect during an initial consultation in Collierville?
During your confidential initial consultation in Collierville, we'll discuss your franchise acquisition law needs, review your current situation, assess potential challenges specific to Tennessee, and outline a clear path forward. We'll explain our process, answer your questions, and determine if we're the right fit for your needs.
Do you work with companies outside of Collierville?
Yes, we represent clients nationwide while maintaining a strong presence in Collierville. Our managing partner handles franchise acquisition law matters across all 50 states, coordinating with local counsel where state-specific requirements apply.

Need Specific Guidance?

Submit your transaction details for a preliminary assessment by our managing partner

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M&A Market: Collierville & the Memphis Metro

Memphis's M&A market is defined by its status as America's logistics capital, home to FedEx's global hub and one of the nation's busiest cargo airports and inland ports. This logistics infrastructure has spawned hundreds of warehousing, freight brokerage, and third-party logistics companies in the $2M-$30M range that are prime acquisition targets. Beyond logistics, Memphis drives deal activity in healthcare (St. Jude Children's Research Hospital, Methodist Le Bonheur), food and agriculture, and a growing music and entertainment services sector.

Top M&A Sectors Near Collierville

  • Logistics, Freight & 3PL Services
  • Healthcare & Medical Devices
  • Food Processing & Distribution
  • Manufacturing & Industrial Services
  • Music, Entertainment & Media

Deal Environment

Memphis offers strong deal flow in logistics and distribution, with the FedEx ecosystem creating a continuous pipeline of founder-owned businesses reaching acquisition scale. Healthcare deals are competitive due to institutional buyer interest, but logistics and industrial businesses trade at reasonable multiples with predictable cash flows.

Why Acquire in the Memphis Area

Memphis's logistics infrastructure is a moat: acquiring a distribution or freight business here means access to FedEx's global hub, four Class I railroads, and America's fourth-largest inland port, creating operational advantages that are nearly impossible to replicate. Tennessee's lack of state income tax on wages adds immediate bottom-line value to acquisitions.

Tennessee Legal Considerations

Tennessee enforces non-compete agreements under a reasonableness analysis and recently enacted the Tennessee Lawful Employment Act requiring E-Verify compliance, which acquirers must factor into workforce due diligence; the state has no bulk sales act, but Tennessee's franchise and excise tax obligations transfer with going-concern business sales and require careful clearance.

Tennessee Legal Considerations for Franchise Acquisition Law

Non-Compete Laws

Enforceable with blue-pencil available. Independent consideration required post-hire.

Filing Requirements

Entity mergers and conversions must be filed with the Tennessee Secretary of State. Annual reports are required. The Department of Revenue handles franchise and excise tax registrations.

Key Tennessee Considerations

  • Tennessee's franchise tax has a net worth component that can create significant tax liability for capital-intensive acquisitions, and recent litigation has challenged its constitutionality
  • Tennessee has no personal income tax, which benefits pass-through entity acquisitions where owners are Tennessee residents
  • Nashville's growth as a healthcare industry hub creates active M&A markets with specific regulatory requirements for healthcare entity transactions

Guides and Resources

In-depth guides to help you prepare for your transaction

Franchise Acquisition: FDD Review Guide

What buyers should look for in a Franchise Disclosure Document.

Read guide

LOI vs Purchase Agreement

Understanding the binding and non-binding elements of each document.

Read guide

Due Diligence Checklist

A structured approach to legal, financial, and operational due diligence.

Read guide

Why Deals Fail

Common deal-killers and how experienced counsel helps prevent them.

Read guide

Free M&A Tools for Your Franchise Acquisition Lawyer Process

Use these tools to prepare for your transaction. Professional analysis at your fingertips.

Buyer Readiness Assessment

Evaluate your readiness to acquire a franchise.

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Financing Calculator

Model franchise acquisition financing.

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Due Diligence Tracker

Track franchise due diligence items.

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Other Franchise Acquisition Lawyer Service Areas Near Collierville

Acquisition Stars represents clients across Tennessee and nationwide. Alex Lubyansky handles every engagement personally.

Germantown franchise acquisition lawyerfranchise acquisition lawyer in Lakelandserving EadsArlington franchise acquisition lawyerserving Bartlettfranchise acquisition lawyer in Olive BranchSouthaven franchise acquisition lawyerserving Hernando

Don't see your city? View all Franchise Acquisition Lawyer service areas or contact us directly.

Related Services in Collierville

Other Locations We Serve

Helpful Resources

Attorney perspective on franchise acquisition lawyer matters

Alex Lubyansky, Managing Partner at Acquisition Stars
"Franchise acquisitions look simpler than independent business purchases, but the FDD creates a web of obligations that most buyers don't fully understand until they're locked in. The franchise agreement is not negotiable in most cases. Your leverage is in understanding exactly what you're agreeing to before you sign."
Alex Lubyansky, Senior Counsel On franchise acquisition legal considerations (Client engagement letter)

15+ years of M&A and securities transaction experience Senior counsel on every engagement Admitted in Michigan, practicing nationwide

Reviewed by Alex Lubyansky on . Read full bio

Ready to Talk About Your Collierville Deal?

Alex Lubyansky handles every engagement personally. Tell us about your transaction and we will let you know if there is a fit.

Request Engagement Assessment

Tell us about your deal. We review every submission and respond within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy

One attorney on every deal. Nationwide. 15+ years of M&A experience.