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Franchise Real Estate

Sell My Franchise — Get the Right Buyer, the Right Price

Selling a franchise is not like selling a home. You need a buyer the franchisor will approve, a landlord who will sign the lease assignment, and a price the bank will lend on. Summitly's REALTORS® handle all three at once.

Coldwell Banker Summit Realty, Brokerage (905) 553-8500

What you get

  • Free valuation based on real franchise sale data
  • Confidential listing — staff and customers do not need to know
  • Buyer prequalification before any tour or meeting

What Summitly does — and doesn’t

Summitly's franchise practice is run by Coldwell Banker Summit Realty, a real estate brokerage specialising in franchise locations across Canada. We help you secure, hold, and exit the real estate underneath your franchise. We are not a franchise consultant or recruiter.

We handle

  • Site search and site approval coordination for your franchise locations
  • Commercial lease review, negotiation, and renewal
  • Resale brokerage when it’s time to sell — confidential marketing, buyer prequalification, lease assignment
  • Coordination with the landlord, lender, lawyer, and franchisor real estate team

We don’t handle

  • Franchise applications, brand approval, or franchisor selection criteria
  • Training, supply chain, operations, or marketing programs — those stay with the franchisor
  • Picking a brand for you — that’s a business decision we’ll respect, not influence

Why sellers work with Summitly

Most franchise sales fall through at one of three points: franchisor approval, lease assignment, or financing. Summitly knows how each step works and prepares for it from day one. We bring qualified buyers to the table, not tire-kickers.

How selling a franchise works

  1. Free valuation

    We review two to three years of sales, EBITDA, lease, and brand multiples. You get a real number, not a guess.
  2. Quiet marketing

    We market your franchise to qualified buyers under confidentiality. Your staff, customers, and competitors do not need to know.
  3. Buyer prequalification

    Buyers sign an NDA, share proof of funds, and pass a quick brand fit check before they see your numbers.
  4. Franchisor and lease approval

    We coordinate the franchisor's approval and the landlord's lease assignment in parallel. This is where most sales die — we keep it on track.
  5. Close and transfer

    We work with both lawyers and the franchisor on the closing date, royalty transfer, and key handover.

Who sells a franchise with us

Franchisees ready to retire or move on. Multi-unit owners trimming their portfolio. Franchisees facing health, family, or partnership changes who need a confidential exit. If you are thinking about selling in the next 12 months, talk to us early — preparation matters.

Your franchise real estate team

Coldwell Banker Summit Realty — Franchise Real Estate Practice

Coldwell Banker franchise · Licensed in Ontario

Coldwell Banker Summit Realty, Brokerage runs a dedicated franchise real estate practice serving operators across Canada. We handle the operator-side real estate work on franchise deals — securing sites at the start, reviewing and negotiating commercial leases, and brokering the exit when it is time to sell. Backed by the Coldwell Banker brand, an independently owned and operated franchise with deep commercial and residential reach, our team reads a lease the way the operator does, scopes a site the way the franchisor does, and structures the exit the way the buyer will underwrite it.

  • Operator-side franchise real estate across food, retail, hospitality, fitness, and service categories
  • Site selection, lease review, and lease negotiation aligned to franchisor criteria
  • Resale brokerage, location takeovers, new-build site work, and sale-leaseback structuring
  • Backed by Coldwell Banker — an established global real estate brand and franchise network

Coldwell Banker Summit Realty, Brokerage (905) 553-8500

Questions

Sell My Franchise: common questions

Quick, honest answers to what franchise buyers and sellers ask us most.

Most franchise sales take 3 to 9 months. Strong brands in good locations move faster. Franchisor approval and lease assignment add 30 to 60 days at the end. Having a specialist REALTOR keeps the timeline tight.

Franchise resale price is usually a multiple of EBITDA — often 2 to 4 times for restaurants, higher for hotels and service brands. Lease term left, location, brand strength, and equipment age all matter. Book a free valuation to get a real number.

Yes. Confidential sales are the standard for franchise resale. We market under an NDA and only share location details after a buyer is qualified. Staff usually do not find out until the transition plan is signed.

Yes, in almost every case. The franchise agreement gives the franchisor a right of approval on any new owner. They review the buyer's credit, experience, and net worth. We work with the franchisor early so this step does not become a surprise.

The lease assigns to the buyer, with the landlord's consent. Most leases require this consent and may charge a fee. We coordinate the landlord, the buyer, and the lawyers so the assignment closes on the same day as the franchise transfer.

Next step

Thinking about selling? Start with a free valuation.

No commitment. We give you a real number based on your sales, your lease, and your brand.