Last Updated: 21-September-2017

Franchise Resales news and opinions

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Buying an Existing Franchise Appeals to Majority of Franchise Candidates

By Dr. John P. Hayes
HowToBuyAFranchise.com

Starting a business from scratch isn’t for everyone. It requires finding a location, building a unit, buying equipment, hiring employees, placing advertisements, identifying suppliers, and ultimately attracting customers. And then there’s the major concern: Not running out of money before the business catches on and turns a profit.

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Franchisee Success Stories

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Achieving Success In What You're Passionate About

Tammy Bingham, owner of the Utah Brain Balance Centers knew the success rate of Brain Balance programs through her own personal experience with her two sons. Thrilled with the positive results in her sons Tammy decided to become a Brain Balance franchisee and open her own centers in Utah.

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FAQs

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How important is Exit Strategy in a franchise?

Exit Strategy is a vital part of business ownership. A recent Harvard Business Review article stated that the first day you should start thinking about selling your company, is the day you open.

There is nothing more satisfying than cashing out and heading to a tropical island for a few month/years.

A franchise is an investment  - being able to sell an asset is vital. Franchisors should embrace resales. A resale shows that the value has been returned.

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Franchise Resales Blog

Wireless Zone Launches Innovative New Royalty Fee Model

Wireless Zone, the nation’s largest wireless retail franchise, offering exclusive Verizon products and services, is poised to shake up the industry through a pioneering new franchise model. The introduction of the new gross profit royalty model, a unique system designed to drive store-level profit and strengthen the franchisor-franchisee relationship, serves as a monumental step forward for the brand’s strong, growing network of locations nationwide.

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More from the blog

Buying an existing franchise for sale can be the right choice

This can be a good option if you find the thought of building up a new location from scratch a little bit daunting and not quick enough. There are also other advantages to get into business for yourself by buying an existing location. You can benefit from:

  • An existing local customer base
  • Brand presence in the local market
  • Revenue from day one
  • Often costs less than a start up
  • Inventory, staff and property in place
  • Business history to expedite financing
  • Often financed by the seller

Resale advice

Selling a REsale

Making your business 'Saleable'

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Almost all franchise owners will at some point want to sell their business. To be successful at selling the business at full value when the time comes to sell, it is vital to make sure that the business follows certain practices as part of the daily routine.

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Buying a REsale

Can a failing franchise resale become profitable?

One of the most pressing questions of a buyer considering the purchase of a re-sale is, “Can I turn the failing franchise unit into a profitable venture?” The answer will depend on a number of case-specific factors, but usually a franchise with a good brand is unsuccessful because of the franchisee’s failures, rather than the brand or location.

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The Franchise REsales Wall

resales wall text The Franchise REsales Wall is a highly effective and innovative way to market established franchise businesses for sale. With over 50% of franchise business buyers interested in considering a franchise REsale as a preferred option, the innovative Franchise REsales Wall is a very popular starting point at the MFV franchise Exhibitions. Read more...

Buying a New Franchise

Leading site for new Franchises

franchise expo logo There are many different types of franchise opportunities available to prospective franchisees with various investment commitment levels that can range from minimal to substantial. Most franchisors provide comprehensive training and support to the franchisees so previous experience in the industry is not necessary. These are the leading franchise sites, which make it easy for you to gather the information you need to find the franchise opportunity that's perfect for you. Browse all of your options or drill down by investment requirements, industry, brand or location

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About Franchise REsales

Offering very distinct service to owners of franchises for sale

We are a full service resales company.

Franchise Resales LLC offers a variety of options to the franchisee that is ready to sell or to the franchisor that is seeking an additional resource for buyers for their resales. With several years of experience solely focused on franchise resales...we have created a menu of services that will accommodate any sized transaction. Contact us today to find out how we can help you sell your franchise resale! We will work with you through the entire process!