Login Register

I’m Looking at Two Local Franchises For Sale …They Are Both In Distress.

Should I avoid them or embrace the opportunity to get them at such a low price? 

Well this depends on a few things.  If you are an experienced business owner, a franchise resale in “turn around condition” may deliver a huge opportunity to take advantage of a deeply discounted cost of entry…..make it a huge success.

This option only truly exists when current  owner is not running  the franchise in accordance with the method  developed  by the franchisor.

If you find that a majority of other franchisees in the system are  following the recommended plan of operation are successful and if there are no other glaring issues like a lease or location issue, then you can move ahead in the process with some confidence that this could be your ‘diamond in the rough’.

Of course, once you are on the path to seriously making an offer you need to go to the franchisor and carry out a thorough examination of the franchise yourself. You need to confirm that the financials  and specific information about the location that you have received from the seller correspond with the franchisors records.

Spend the time and money in hiring a financial expert and a lawyer to assist in the transaction.  If you cover all the bases and go in informed…a distressed resale  could be a great bargain.

Recent Articles

Buying a Marketing Franchise

Marketing is essential for organizations across the world to grow.  According to Franchise Direct, the United States has the largest […]

Financial Franchises: What to Know Before You Buy

Financial franchises offer services within the financial service industry.  Financial franchise opportunities range from small business financing to tax preparation, […]

California Businesses: What to Know Before Investing in the Golden State

Investing in a business requires a lot of soul searching, whether it's already established or a new business.  You’ll want to […]

6 Food Businesses That Make Great Investments

Opening a food business, whether it is a restaurant, café, or a fast-food place is a lifetime dream of many […]

Beauty Franchises

Like shades of hair color and nail polish, there are many choices when it comes to selecting and investing in […]

Owning a UPS Store Franchise: Pros & Cons

Do you value freedom and flexibility over being supervised?  Is the thought of being your own boss appealing to you?  […]

Featured Franchisors

Featured Franchisors

Featured  Resales

Once Upon A Child Ocoee, FL
Great store and a great location!
Robeks - Stow, Ohio
Established Robeks franchise for sale in great location.
RedBrick Pizza Cafe - Omaha, Nebraska
A great opportunity to own a RedBrick pizza restaurant
CycleBar Resale in Fishers IN
Rare Resale in Top Market!
Pure Barre Resale in San Franciso CA
Great resale in booming market!
Express Employment Guelph Ontario
Express Employment Resale Office

Featured Resales