Franchise Resales news and opinions

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Location versus Brand

When looking to buy an existing franchise for sale, which is the most important factor to consider, location or brand? Whilst both are crucial to the success of your franchise business, if you were in a position where you had to choose to give more priority to, which one would be considered more vital?

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FAQs

Why should I buy a franchise resale when I can buy a new franchise of the same brand?

When you buy an existing franchise, you are inheriting a readymade business. And if the business has been profitable, it will generate a healthy income stream for you from day one. Starting a business and building it so that it becomes known in a new territory can be time consuming and costly. When you buy a profitable franchise resale you will have established clients and customers as well as presence in the local community. You will therefore not have to start from scratch to make your presence known.

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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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Resale advice

Selling a resale

Why your exit strategy is important

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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.

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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.

Resales Investor Membership

Resales Investor Membership 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...