Top 5 reasons to consider purchasing an existing (going concern) franchise vs. buying and starting one up.
1. Many existing
Franchises have assumable SBA Financing already in place.
2. Site selection,
Build out and Lease negotiation have all been completed.
3. Business has a
track record, vs. a start up does not.
4. Staff has been trained and in most cases, management is
5. The amount of working capital needed to carry the
business until it starts making money has already been spent by the previous
owner. This can be the biggest expense in buying and opening a Franchise.
If you are seeking to buy a Franchised Business, these are
just a few of the reasons to consider an existing Franchise Business vs. a
start up. Even if you are considering a start up, sometimes a conversion of an
existing Business can save you thousands of dollars on build out and working
Call Vince LoCricchio Enterprise Business Brokers Franchise Brokers (813) 690-0109
Automotive, Healthcare, Real Estate & Property Related,
Dry Cleaning and Service Type Businesses make the best Franchise conversion
Go to www.FranchiseEnterpriseBrokers.com
search over 100 existing Franchise Businesses for Sale in the Tampa Bay area of
Florida or call Vince LoCricchio at 813 690-0109.
Below are some of the Franchise Brands we have worked with in the past.