Last Updated: 28-July-2016

Franchise Resales news and opinions

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Setting the RIGHT price

Valuations or Opinions of Value are a critical component of any successful business sale. The VALUATION is a necessary step towards establishing an accurate value of your business so that you can determine an ideal and realistic asking price.
If your business is currently profitable then you should have a reasonably trouble-free time with pricing, since you have standing income to work with. The best valuation technique is to use a multiple of the Net Cash Flow you will receive from the business.

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Franchisee Success Stories

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The Real Deal on Customer Service

Prior to becoming a Grease Monkey Franchisee in May 2015, Tinker Hulsey was a Real Estate agent. Being a third generation business owner, she says: “I guess it is in my blood.” Tinker always wanted to buy a franchise and she chose Grease Monkey as she believes: “With a Franchise, you get Leadership Support that I felt like I needed to be successful. I researched and researched all Franchises, but Grease Monkey was the only one that met exactly how I feel about treating customers."

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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

Sometimes It Pays To Break The Rules

By Marla Topliff – President at Rosati’s Pizza.

Forbes Magazine says, “The lifetime customer value to the owner of your neighborhood pizza joint is approximately $25,000. That’s a lot of pizza—and the sooner the owner realizes that his or her customers have more value than the $20 pepperoni special they just ordered, the more successful the owner can be.”
Providing exceptional customer service is your #1 priority.

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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 is the only website dedicated to the REsale of existing franchised businesses, offering franchises for REsale to suitable buyers. With over 50% of buyers preferring to buy a franchise Resale first, franchiseREsales.com provides the ideal platform to promote franchises that are ready to change ownership. And approximately 10% of franchise owners would consider reselling their franchise if there was a practicable marketplace for REsale. On the site buyers can browse franchise Resale opportunities by location and connect directly to the sellers without anyone else in between.

FranchiseREsales.com is in partnership with MFV expo, the largest franchise Expo company in the US and has the support of the International Franchise Association (IFA) ensuring industry-wide promotion and presence.

FranchiseREsales.com strives to deliver a better-informed candidate to the sellers of a franchise for REsale by including free educational elements, access to free online franchise Resale expert panel and franchisee stories. In addition advice on how to value a franchise Resale and how to best promote a franchise business for Resale. All this we believe helps create a more informed prospective buyer for a Resale franchise as well as providing increased exit opportunities for existing franchisees.

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

Visit franchiseexpo.com

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...