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Discover The Perfect Fit Franchise Opportunity

Schedule a short call to kick off your franchise journey. On the call we’ll help you:

  • icon Learn what franchising REALLY is and what the opportunities are in the current market
  • icon Learn what the franchise process actually looks like, including timing, cost, and effort
  • icon See if you’re a fit for franchising and how you can get started
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Hear What Our Clients Say About Us

“They are a pleasure to do business with. I would not be where I am today without his help and guidance. Hope to do more business together in the future.”

William S.

“I found my first business and became a franchisee through their process. He was a great support and mentor to me through my first location and expansion into my second location. He is incredibly knowledgeable in his field and always made himself available whenever I needed him. I truly appreciate the opportunity to have worked with him as I learned a great deal from him.”

Brian T.

“Thanks to their invaluable advice, we not only found the ideal franchise brand for our personalities and strengths, but also managed to strike a harmonious balance between work and family life which was our top priority. We have been open 3 years, and they still check in and inspire us to keep accelerating our entrepreneurial endeavors. Starting a business is an enormous undertaking, and you need someone you can trust on your side. These are the right people to help you achieve your goals. They've done it, they've been there, and they know what you need to know to succeed.”

Jessi G.

“I learned about these guys, and Derek was super helpful in walking me through different franchises and teaching me about the franchise opportunities out there. I wasn’t new to business ownership but, I was new to franchising. I was able to find a great franchise in my area and purchased 5 territories. I was able to build it up and then completed a successful sale to my neighboring franchisee and now I am enjoying my retirement. I highly recommend them and value their input!”

Rob O.

Frequently Asked Questions

Q
What is a franchise fee?
A

In exchange for a franchise, the franchisee usually pays the franchisor an initial start-up fee and annual royalty fees or licensing fees, depending on the language in the franchise agreement, to use the franchisor's proprietary business knowledge, intellectual property, processes, and branding, allowing the franchisee to sell a product or service with the franchisor's business name.

Q
How Much Money Do I Need to Buy a Franchise?
A

Investment requirements for purchasing a franchise differ tremendously based on the industry and the type of business the franchise operates. Total start-up costs can range from $1000,000 to more than $600,000, depending on the franchise selected and whether it is necessary to own or lease real estate to operate the business.

Q
Am I Ready to Buy a Franchise? Three Questions to Ask Yourself
A

Do I have what it takes to start my own business/be an entrepreneur?

Do I have what it takes to be a franchisee?

Do I have all the answers I need about the franchise I am considering buying?

Q
What is the best franchise to own?
A

The best franchises are those with proven franchise business models and strong support systems that provide high-quality products or services that stand out from competitors. You can learn about the details of a franchise by researching its process to become a franchisee, reading its franchise agreement, speaking to current franchisees, and examining a franchise’s performance data to make an informed franchise business decision.

Q
What is a Franchise?
A

A franchise or franchising is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system. Technically, the contract binding the two parties is the “franchise,” but that term more commonly refers to the actual business that the franchisee operates. The practice of creating and distributing the brand and franchise system is most often referred to as franchising.

Q
What are the benefits of owning a franchise?
A

Some of the most successful businesses across a variety of industries are franchises - it’s not just fast-food chains! Buying a franchise is a great route if you are looking to become an entrepreneur but don't want the risk of starting a business from the ground up. As a franchisee, you benefit from the brand name, marketing, operational systems, and the products and services of the franchisor you work with. This gives you access to a wealth of knowledge on how to succeed in your business, giving you the independence of a business owner with the support of a bigger company’s resources and knowledge. However, even Franchises come with risk and your success is not guaranteed, although your risk is reduced with a franchise business model.

Q
How do I buy a franchise?
A

Buying and investing in a franchise is a process involving careful consideration. This process includes finding the right franchise for you, tailored to your skills and interests, within your budget.

Once you determine the franchise or franchises you are interested in, do your research. Find out anything and everything you can from competition, revenue, and their background. Explore the geographic location you desire to see if it is a good fit for your franchise and scope out what competition might be present.

Then you will undergo a discovery process with the franchisor where they learn more about you, you learn more about them, and ultimately, you'll decide if you want to invest in the franchise! Joe Franchise will assist every step of the way.

Q
How do I conduct a due diligence of a franchise system to decide if I should invest?
A

Once you’ve selected a franchise system to investigate further, you’ll need to do additional due diligence to determine if the franchise is as good as it sounds in its promotional materials and sales pitch! This is where we come in.

Things to look for include:

  • Does the company have a good reputation?
  • Is the company growing?
  • Is the company well managed? Does it seem well organized?
  • What are customers and franchisees saying about the company?
  • Is the franchisor profitable? Are the franchisees profitable?
  • How much would you need to invest and how long would it take to break even?
  • Does the franchisor have sufficient capital resources to execute on its growth plans?