Can I sell my franchise to someone else? Yes, you can sell a franchise to someone else, but the process […]
If I buy an existing franchise store, do I have to pay the franchise fee and the seller has to pay the transfer fee or does the transfer fee replace the franchise fee?
When buying a re-sale you DO NOT have to pay a franchise fee. That ‘paid fee’ indeed is part of the asset that you are buying. The transfer fee is a responsibility of the seller to pay at time of transaction but is often negotiated into the purchase price or as an expense paid by buyer or split etc. at time of closing.
Can I sell my franchise to someone else? Yes, you can sell a franchise to someone else, but the process […]
Are salad franchises profitable? Salad franchises can be profitable, but success depends on various factors including location, competition, quality of […]
Can you run a franchise from home? Yes, it is possible to run a home-based franchise, depending on the nature […]
Are turnkey businesses profitable? The profitability of turnkey businesses can vary depending on various factors such as the industry, market […]
The much used statement, which screams the benefit of buying a franchise: “In Business For Yourself BUT Not By Yourself,” […]
Owning a 7-Eleven franchise involves a unique business model that is somewhat different from other franchising opportunities. Here's an overview […]