United States Franchising

Get Help Starting A Franchise

Those new to the entrepreneurial world should consider taking over an existing business franchise. These organizations allow new entrepreneurs to experience running a business without the hassles and potential pitfalls of most start-up companies.

Buying an Existing Business Franchise

Buying an existing business franchise has a number of benefits, including:

  • Immediate Operation - New owners to do not have to find a location site, hire employees, contract with vendors or make any of the other arrangements needed to get started.
  • Realistic Profitability Expectations - New owners can use past financial statements to make predictions about future profitability. Projections will be based on past performance rather than estimates.
  • Avoid New Franchise Fees - Depending on the parent company, it can be cheaper to purchase an existing franchise and pay only transfer fees rather than purchase a new franchise.

Though often an attractive proposition, purchasing an existing franchise still requires market research and caution. That's where operating through a business broker can be very helpful. A broker can help find existing franchises for sale as well as research the value of the business, evaluate the potential profitability of the deal, and manage and negotiate the transaction. Contracts can contain many different clauses buyers should be aware of, and brokers can help buyers navigate those contracts and reach a satisfactory deal with the seller and the parent company.

RPI Commercial is a business brokerage with experience representing commercial buyers throughout the United States. Reach RPI representatives by calling 1-877-549-5210 or sending an email to info@rpicommercial.com.