The Many Benefits of Established Franchises for Sale
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Article - The Many Benefits of Established Franchises for Sale

The Many Benefits of Established Franchises for Sale

Established franchises for sale are great options for the busy professional. If you don’t want to start a new business from scratch, buy a franchise. If you want to hit the ground running on day one, look at established franchises for sale.

An established franchise already has a customer base and is known in the community. Established franchises usually cost more than the initial franchise fee, but consider that you are buying an existing income stream and any build out is already completed.

People who are looking into buying a franchise as an investment should look at established franchises. See the article, “Why Own a Franchise.” But they should do so with the same scrutiny as if starting a business from scratch. Research the territory, the franchisor, and the customer base. Talk with other franchisees. Ask these questions:

  • Is the company growing?
  • What were year-over-year sales for the last 5 years for this unit and for the franchisor?
  • Does the market still need this product/service? For how long will they need it?
  • Is there repeat business?
  • Who is the competition?

For more information on how to choose the right fit from the list of established franchises for sale, see "Narrowing Your List of Franchises".