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Pros and Cons to Buying a Franchise Resale

Pros and Cons to Buying a Franchise Resale

Update: 2024-08-16
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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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Pros and Cons to Buying a Franchise Resale

Pros and Cons to Buying a Franchise Resale

Tariq Johnson