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For more than 25 years, Molly Maid has offered bonded, insured residential maids who pride themselves in quality home cleaning services that create "me time" for our hardworking homeowners. With a 97% customer retention rate, you’ll never be happier about your financial future.
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HouseMaster is the recognized authority on everything home inspection, helping entrepreneurs from all educational and business backgrounds realize their dreams by collectively performing over 2 million inspections over the past 33 years.
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With approximately 1,500 locations, you can enjoy DENNY'S worldwide. We are committed to becoming the best family restaurant system in the world. DENNY'S care in recruiting, training and developing franchisees is a key factor in the growth of our franchise system.
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LIQUID CAPITAL is an international network of franchise owners who help small- and medium-sized businesses grow and succeed through factoring - a specialized financial service providing immediate funding on credit-worthy account receivables.
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to expectations because of poor management, poor location, poor support from the franchisor, an indifferent staff, outdated equipment and/or facilities, etc.?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.
