Pros and Cons to Buying a Franchise Resale

Franchise Empire Show

Have you ever considered buying an existing business before?
Oftentimes people find this attractive because there can be existing sales and cash flow in place allowing you to step into a business with obvious benefits.
In this episode, I sit down with Kevin who is a Franchise Broker on the Franchise Empire team and between the two of us we’ve helped more than a dozen of our clients through navigating the world of franchise resales.
We’ve had clients buy dirt cheap turnaround opportunities for less than $100k and were able to ramp up pretty quickly, all the way to clients who have bought franchise resales doing over $2million in sales, with strong cash flow.
So in this episode we break down the pros and cons, and some of the keys things you need to know about buying a franchise resale.
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