Approximately 30% of all purchasers of franchises in the UK do so through buying an existing business; a franchise resale*.
Countrywide Signs Franchise Owners sell their businesses for a number of reasons including; retirement, pursuing other investment opportunities, changes in personal circumstances and sometimes as part of their whole business/life plan. We have seen a number of territories passed between generations in the same family!
For people looking to invest in starting their own Countrywide Signs franchise purchasing an existing established business has a number of benefits over starting from scratch including;
- Existing cash flow
- Local brand presence
- Established customer base
- Team of trained operational staff
- Equipment, vans and stock
With all these added benefits Franchise Re-sales usually require higher investment than a greenfield territory.
You will also enjoy the benefits of a handover period from the outgoing franchisee in addition to the franchise package supplied and this will include all the tools, equipment, training and everything a new franchisee will need to start and run the business.
“I can see the potential for this business, and as I get more into it I know how I want to take it forward. That’s the real difference between working for someone else and working for yourself. I can set the targets for my own business and that impacts on my own success. I am accountable to myself and I love it. As I look forward now, I know I am in control of my own future and the better I do the more I benefit. Who wouldn’t want that?”
Paul Green - Cannock Franchise Owner
- purchased a re-sale territory...