Due to the complex nature of franchising, you should always seek assistance from a franchise attorney when looking to buy a franchise resale.
Franchisees can wrongly think that because they are buying an existing business then they do not need to use an attorney as the current franchisee did and all was ok. It may be the case that they did use one, but has anything changed since then? And alternatively they may not have used an attorney at all.
Though most agreements favor the franchisor you still need to know what is in them and what you are signing. It is therefore vital that you use the services of an attorney who specializes in franchising. No matter how good they are, it is pointless using an attorney who doesn't know about franchising as they will not be able to identify areas of concern etc as they have no experience in this field.
It is essential that you understand all aspects of the documents you sign as without knowing it will only result in conflict or misunderstandings in the future. By an attorney explaining the document to you, you will become comfortable in what you are signing and will know your obligations as well as those of the franchisor.
A large number of the franchisees who fail, do so because they didn't us a franchise attorney. The most cited reasons for this are:
Buying a franchise is a big investment and so to make sure that you are not throwing your money down the drain, you need to use a franchise attorney. They might be expensive but will save you a lot of money in the long run.