Wednesday, December 14, 2011

Top 5 reasons to consider purchasing an existing (going concern) franchise vs. buying and starting one up.


1. Many existing Franchises have assumable SBA Financing already in place.

2. Site selection, Build out and Lease negotiation have all been completed.

3. Business has a track record, vs. a start up does not.

4. Staff has been trained and in most cases, management is in place.

5. The amount of working capital needed to carry the business until it starts making money has already been spent by the previous owner. This can be the biggest expense in buying and opening a Franchise.

If you are seeking to buy a Franchised Business, these are just a few of the reasons to consider an existing Franchise Business vs. a start up. Even if you are considering a start up, sometimes a conversion of an existing Business can save you thousands of dollars on build out and working capital cost.

Automotive, Healthcare, Real Estate & Property Related, Dry Cleaning and Service Type Businesses make the best Franchise conversion candidates.

Go to www.FranchiseEnterpriseBrokers.com search over 100 existing Franchise Businesses for Sale in the Tampa Bay area of Florida or call Enterprise Business Brokers Enterprise Franchise Brokes at 813 690-0109.

Below are some of the Franchise Brands we have worked with in the past.
                                                  

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