A perfect time to buy or sell a franchise. Key factors are putting franchise re-sales on the rise.
With 8,000 people in the United States turning 65 everyday, there is currently a huge rise in franchise sellers. A large base of past franchise owners, consisting of over 100,000 businesses, has been nearing the retirement age and are beginning the transition into retirement. Many of these long-time owners, not having any family to take over their business, have put their franchises on the market to be sold, publically or privately. These franchises are solid, branded, well-established businesses located in heavily-populated areas.
Should a franchise resale be cheaper than buying a new franchise?
The cost of a franchise resale will vary greatly, depending on a number of different factors, such as the type of franchise it is, the size of the franchise company and how long they have been in the marketplace.
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.
What is a turnaround opportunity? For all intents and purposes, in terms of small business...a turnaround opportunity is a small business that for a variety of reasons is no longer profitable Read more...
The term ‘Exit Strategy’ is defined as: The methodology that a business owner intends to use to get out of an investment that he or she has made in the past. For so many franchisees today, the notion of a planned tactical approach to ‘cashing out” is often an after-thought once they have been running their small business for a while.
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
About Franchise Resales
Offering very distinct service to owners of franchises for sale
We are a destination website.
Franchiseresales.com presents the only marketplace on the web dedicated to the resale of existing franchised businesses. Whether you are a buyer or a seller....an investor...or simply interested in learning more about buying a resale, you are in the right place. If you have an existing franchise for sale, contact us today so we can immediately get you on the path to finding a serious buyer for your business.
For access to large investment opportunities that are not yet listed for sale to the "outside"... serious buyers can log on to franchisesresales.com and go to the "RESALES INVESTOR MEMBERSHIP". Once you have registered with us we can seek out ideally suited re-sales opportunities for you based on size, type and geography. Read more...