Hottest New Franchises
|
New Vs Existing Franchises
As a potential franchisee, you have the option of becoming a franchisee in a new facility at a new location or purchasing an existing franchise. A new franchise will mean everything is current, clean and under warranty- but for a higher price tag, of course. An existing franchise will involve a smaller investment and thus, will allow for a greater possibility of financing. However, it is important that you assess the seller's reason for selling. Is the business not performing to expectations because of poor management, poor location, poor support from the franchisor, an indifferent staff, outdated equipment and/or facilities, etc.? Be wary of what the seller or broker tells you. After all, they are trying to convince you to buy the business! Regardless of the obstacles and the extra caution you must take, considering a "used" franchise is worth your time. Use the same analytical tools you would to a new franchise. Do your homework. Be thorough. Be unrelenting. Next: Stage 3: Close the Deal |
The cornerstone and foundation of the business is the exceptional quality of its own hand-roasted coffee, which is also flavored and packaged at the corporate warehouse in Michigan.
Carvel is the leading manufacturer of uniquely shaped ice cream cakes, and a leading provider of premium soft serve and hand-dipped ice cream products. The nation's first retail ice cream franchise founded in 1934, Carvel has more than 470 franchised and foodservice locations serving delicious, high-quality cakes, novelties, cups, cones, sundaes and shakes made fresh daily. The company also sells its famous ice cream cakes through over 7,000 supermarket outlets.
YUM! Brands, the largest restaurant company in the world and the leader in Multi-branding, is looking for energetic new franchisees to share in our purpose and passion for Customer Mania by putting a YUM! on customers' faces around the world.
FRANCORP
With more than 25 years of experience, FRANCORP has consulted with almost 8,000 companies and has developed over 1,000 franchises. A FRANCORP Franchise Development Program includes the strategic planning, legal, operational, marketing and sales tools a company needs to expand into franchising.