How should I present a garage door company’s brand dealer agreements?
Gather every dealer agreement in full, prepare a one-page summary for each, and flag any term that affects a sale, such as consent to transfer, exclusivity or minimum purchases. Share the full documents only after a buyer has signed a confidentiality agreement.
Begin by collecting everything: the signed agreements, any amendments, side letters and the emails that changed terms in practice. A buyer will read the full documents eventually, and incomplete files slow down a deal. Put them in one folder, in date order, with a short index.
Then write a summary for each. Keep it factual: the brand, what the company may sell and install, any territory, the length of the agreement, how it can end and what happens on a sale. Highlight terms a buyer would care about, including exclusivity, training requirements, minimum volumes and any rule that needs the brand’s approval of a new owner. Do not make claims you cannot support from the documents.
Timing and tone matter too. Releasing agreements under a confidentiality agreement protects both sides, and it may also be required by the agreements themselves. Consider asking the brand early whether it would approve a buyer, since that answer can decide the deal. Ask your lawyer to check what must be disclosed and when, and ask your accountant how dealer rebates appear in the statements. Keep a log of who has seen which document and when, so that you can show exactly what was disclosed.
Key takeaways
- Collect the agreements, amendments and side letters in one dated folder with an index.
- Write a neutral one-page summary of each, flagging consent, exclusivity and minimums.
- Release full documents only under a confidentiality agreement, and ask the brand early about approval.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaIndustryHow to sell your business
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
- 04Business Development Bank of CanadaGovernmentUnderstanding the options for selling your business
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