Does My Salon Suite have a right of first refusal to purchase the assets of a My Salon Suite franchise?

According to the 2025 My Salon Suite Franchise Disclosure Document, My Salon Suite does have a right of first refusal to purchase the assets of a franchise. This means that if a franchisee decides to sell their My Salon Suite business, they must first offer My Salon Suite the opportunity to buy it on the same terms and conditions as a legitimate offer from a third party.

This right of first refusal does not require My Salon Suite to purchase items that are not uniquely identified with them. However, they can still exercise their right to purchase the assets of the franchise if they match the terms and conditions of a bona fide third-party offer. Additionally, My Salon Suite retains the right to acquire the assets at market or appraised value if the franchisee has breached the Franchise Agreement and failed to correct the breach.

For a prospective franchisee, this clause means that selling the franchise may involve an extra step. Before finalizing a sale to another party, My Salon Suite must be given the chance to step in and purchase the business themselves. This could potentially delay or complicate a sale, but it also ensures that My Salon Suite has some control over who joins or leaves the franchise system. It is a fairly common practice in franchising to give the franchisor this right to maintain brand consistency and quality control.