Does anyone here have experience with the sale/purchase of existing franchises or know of a CPA that could help with this? My boyfriend is in the process of buying an existing franchise and we are on a very tight timeline. I believe we need to allocate the purchase price of the franchise among the various assets we are acquiring, and I would like this asset allocation to be included in the purchase agreement so that both parties are on the same page. It is mostly intangibles… (continued below)

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We want to make sure that we structure it to get the maximum tax benefit as well. It will be a work vehicle ($25k ish), some equipment (<$15k), inventory ($2k ish) and the remaining $83k will need to be allocated between franchise territory, customer lists, website, reviews/reputation, consulting, training, etc… Happy to pay someone to do this just struggling to find anyone who is knowledgeable on such a short timeline.

Ask ChatGBT. Can probably also provide language for the agreement

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