Franchise Resales

Franchise resales occur when an existing franchise owner sells their established business to a new buyer. This process allows the new owner to take over an ongoing operation, including its brand, customer base, and assets, instead of starting from scratch. Resales can offer advantages like a proven business model and existing customer loyalty, but they also require careful due diligence to assess the franchise’s financial health and ongoing support from the franchisor. Essentially, it’s a transfer of ownership of a functioning franchise, providing a quicker entry point into the franchise system for buyers.