Currently looking at the acquisition of a business that has been operating as a Neighborly franchise for 20+ years.

Contemplating a scenario in which the Seller would terminate the Franchise Agreement and sell assets to me, I would rebrand under my own independent brand and integrate the operation into my own.

I see some risks and issues to navigate, customer retention/loss, loss of preferred vendor terms through Neighborly, etc but there is a good complementarity with my current business and nearly $200K in franchise royalties that would drop to the SDE line.

Wondering if anyone has experiences acquiring a franchise just to leave franchise, or advice? Thanks in advance.