Legal Question in Business Law in Pennsylvania

I own a laundromat and have been a tenant for 7 years. My landlord went to my competitor and offered him a lease at the same rate that I am currently paying but is including the unit next door for

$500.00 more a month. I do not need the space next door. I was trying to sell my business but now have no chance. Is there anything I can do???


Asked on 6/11/11, 6:20 pm

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I can say that it's only possible to sell your business with whatever is remaining on the term of your lease. Does the lease provide a renewal option? If so, that would be part of your sales package. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 6/12/11, 12:53 pm


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