Last Updated: 22-January-2019

Franchise Resales news and opinions

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Veterans to win at 7-Eleven

7-Eleven Recruits Military Vets to Enlist in Franchise Store Competition.
Winner’s Franchise-Fee Waiver Worth Up to $190,000. Dallas-based 7-Eleven is recruiting qualified men and women who have been honorably discharged to enlist in the company’s second Operation: Take Command competition. One deserving and lucky veteran will be awarded a 7-Eleven® fee-free franchise, a value of up to $190,000.

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Franchisee Success Stories

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Paying it forward with Plato’s Closet

Husband and wife team Tony and Julie Finical are the owners of several Plato’s Closet stores throughout Louisiana. They opened their first Plato’s Closet store in 2003. “Everyone has different reasons why they get in business for themselves. Our reasons never were to make as much money as possible - Because at the end of the day, what’s the definition of success? Is it having money in your bank account or is it having a family that really loves you?”

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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

How Franchise Resales Help Fuel Wireless Zone's Success

By: Cassidy McAloon

By Buying An Existing Franchise, Wireless Zone Franchisees Are Able To Avoid The Costs And Concerns Typically Associated With Building A New Business From The Ground Up.

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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

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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...

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!