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I own a business and am a subcontractor for a major vendor…

I own a business and...
I own a business and am a subcontractor for a major vendor for window treatments. So we have a territory and we install for them. I am moving out of state and wanting to sell my business with this contract. Is this allowed and if so how do I go about it? Thanks
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Answered in 19 minutes by:
5/9/2017
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,673
Experience: Experienced lawyer
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You need to see if your contract allows assignment. Some do and some don't. It silent on it you can. If not you may need to ask for permission.
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Is that clear?
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Customer reply replied 1 year ago
Okay, I will check . So if doesn't allow then i could sell my business, but not with the contract?
Precisely! Good luck. Kindly rate me five stars. Leaving a bonus after rating is very much appreciated.
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,673
Experience: Experienced lawyer
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Infolawyer and 87 other Business Law Specialists are ready to help you
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Customer reply replied 1 year ago
Thank you
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