New Jersey
Franchise Registration
New Jersey
New Jersey does not have franchise or business opportunity laws. However, a franchisor must still comply with the federal regulations established under the Federal Trade Commission (“FTC”) Franchise Rule when offering and selling franchises in the state of New Jersey.
New Jersey Franchise Law
New Jersey defines a Franchise as “a written arrangement for a definite or indefinite period, in which a person grants to another person a license to use a trade name, trademark, service mark, or related characteristics, and in which there is a community of interest in the marketing of goods or services at wholesale, retail, by lease, agreement, or otherwise.” N.J. Stat. § 56:10-3.
New Jersey Franchise Registration Filing
New Jersey is not a franchise registration state and does not require any type of franchise filing or registration for a franchisor to offer or sell franchises in New Jersey.
However, a franchisor must have a current FTC compliant FDD to offer or sell franchises in New Jersey and comply with the Franchise Rule disclosure timing provisions.
New Jersey Franchise Relationship and Termination Law
New Jersey has laws which make it unlawful for a franchisor to terminate or fail to renew a franchise except for good cause. In addition, the franchisor shall give the franchisee 60 days notice of termination in many situations. N.J. Stat. § 56:10-3.
Want to learn more about our franchise services and franchising in New Jersey? Contact Us or call (757)-263-4596 to schedule a consultation. You can also visit our interactive map to learn more about other state franchise laws.
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