Buying a Franchise or Business
We help new potential business owners navigate business opportunities and match them up with the best businesses for them.
Selling a Business
We take the stress and strain that comes with selling your business off of you so you can focus on doing what you do best, running your business.
Determining the fair market value of the business to help set an appropriate asking price or offer price.
Due Diligence Guidance
Assisting with the due diligence process, including providing access to necessary documents and information.
Advising on the best structure for the sale or purchase of the business, considering factors like financing and terms.
Reviewing financial records and statements to assess the business’s financial health and performance.
Legal & Regulatory Compliance
Ensuring that the transaction complies with all relevant laws and regulations.
Facilitating the Closing
Assisting in the finalization of the sale, including the transfer of ownership, contracts, and necessary documentation.
Assisting with the transition period, which may include employee retention, training, or other necessary steps.
Business Continuity Planning
Offering advice on how the business can continue to operate smoothly during the transition.
Identifying and connecting potential buyers with sellers or vice versa.
Helping with negotiations between buyers and sellers to reach mutually acceptable terms.
Why Buy an Existing Franchise?
A proven track record
You are not on your own, you don’t start from scratch, you don’t have to be the expert, the franchisor will train, get you up and running. They NEED you to be successful. They grow when you grow.
You want to pick a business in a good location that has a history of making money that you can review.
If the new owner follows the proven operations model, it should expect to make a predictable amount of cash flow.
Since the business is up and running, you can start doing business immediately.
An established franchise can have a stronger multiplier which is great when you are ready to sell.
I’ve never owned a business before, how do I know I’m making the right decision?
Owning a business for the first time is a big decision, you should talk to those trusted financial advisors who have helped you in the past including an accountant and attorney. They can help you with financial and legal components but that is only part of your decision. We will walk through the discovery process with you to give you the information you need so you can decide if it is a good fit for you!
How much money do I need to buy a franchise business?
Depending on if you buy a new franchise (undeveloped territory) or an existing franchise that is being resold by a current franchise owner, the cost can vary greatly. Many service based franchises have new franchise start up costs running between $50,000 and $100,000. Existing franchises can have a starting sale price of $150,000 and up.
Is seller financing available if I’m buying an existing business?
Not all but some resellers can be open to seller financing. You should realize that the more you lean on them for financing, the more they will expect in their terms.
How will I know that this is the right business for me?
Ultimately, only you can make that decision, our job is to share the best information we can so you can make an informed, educated decision.
Do you charge for your services?
When it comes to compensation, we are a bit like real estate professional except we facilitate the sale of businesses not real estate. We get paid at closing out of the proceeds of the sale of the business.