Can I sell my franchise to someone else? Yes, you can sell a franchise to someone else, but the process […]
Are Resale Numbers a Good Way of Judging A Franchise Operation?
Q I am interested in buying a franchise. Thought about a fresh startup and then considered a re-sale. I have been looking at how many re-sales a franchise has at any one time as a guide to how good that franchise operation is in general. Is this fair?
A Most mature franchisors can expect to have around 7-10% of their network for sale at any one time. All franchisees have a life cycle with the typical time to sell being 7 years for a smaller operation to 15 years for larger ones – it all really depends on what is involved. Newer franchise networks have very few available as they are still in the early growth stages. However with longer established and mature systems it is not at all a negative sign reflecting the quality of the franchise to see locations changing ownership. Basically nearly everyone who buys a franchise will at some point want to sell it.
In many ways the purchase of an existing business is a logical way to buy a franchise. Provided you are considering a fully structured resale, with all the supporting information (not just the P&Ls) available then this is the best route. Resales may cost a bit more in terms of initial cash but overall, when working capital is taken into account, can work out at similar outlay.
Recent Articles
Why a Salad Franchise is a Fruitful Financial Opportunity
Are salad franchises profitable? Salad franchises can be profitable, but success depends on various factors including location, competition, quality of […]
Home-based Franchise: 12 Options You Can Run Remotely
Can you run a franchise from home? Yes, it is possible to run a home-based franchise, depending on the nature […]
Turnkey Business for Sale: What to Know Before You Buy
Are turnkey businesses profitable? The profitability of turnkey businesses can vary depending on various factors such as the industry, market […]
In Business for Yourself.. and Totally by Yourself !
The much used statement, which screams the benefit of buying a franchise: “In Business For Yourself BUT Not By Yourself,” […]
7-Eleven Franchise: What to Know About Owning a Convenience Store
Owning a 7-Eleven franchise involves a unique business model that is somewhat different from other franchising opportunities. Here's an overview […]
Featured Franchisors
Featured Resales
Cartridge World - East Long Island, NY
Cartridge World franchise for sale in East Long Island, NY
Concrete Craft Resale in Ohio
Opportunity to own an existing decorative concrete franchise!
Featured Resales
Auntie Anne's franchise - Southeast, PA
Great opportunity to buy an Auntie Anne's located in a Wal-Mart
Express Employment in Worcester MA
Opportunity to own an exisiting staffing business!
