The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
What are the benefits of a franchise resale?
The biggest difference is that, providing you do your research properly, you will know exactly what you are buying when you take on an existing franchised outlet and have the trading history of the outlet you will be running on which to base your business plan. When you open a new franchised outlet, however well the system may have performed elsewhere, there is always the slight doubt it may not work in your town.Depending on the reason that an existing unit has become available, you may think that you can improve its performance and you will have an existing customer base with which to work. If the previous franchisee has ‘failed’ it may well have been that they just were not personally suited to that particular business. If more than one franchisee has previously done badly with the outlet, you can start to ask questions as to whether the franchisor’s recruitment process is any good.Sometimes a successful outlet is being sold, complete with all its equipment and a base of satisfied customers, but you can acquire it for much less than it would cost to set up a new one, simply because you are not paying top price for all the set-up costs. Bear in mind you may have to make some equipment replacements sooner rather than later, but you can do that out of profits rather than borrowing for capital expenditure.
You might also be interested in

Answered by Phil Archer
Phil Archer writes: The Bounce Back and CIBILs loans brought in last spring originally replaced the Enterprise... read more

Answered by John Pratt
John Pratt writes: First, you have to work out who is responsible for the poor performance because... read more

Answered by Louise Harris
Louise Harris writes: In respect of renewal fees, every franchise is different. Prospective franchisees are guided to... read more

Answered by Alan Wilkinson
Alan Wilkinson writes: An experienced franchisor will know what works and what doesn’t work when marketing its... read more
Exciting Franchise Opportunities

Start your own Subway ® franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Subway ® for further information!

Start your own Little Kickers franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Little Kickers for further information!

Start your own Visiting Angels franchise
Yes
Find Out More£600,000 to £800,000

Request Free Information
Send a free enquiry to Visiting Angels for further information!

Start your own Guardian Angel Carers franchise
Yes
Find Out MoreN/A

Request Free Information
Send a free enquiry to Guardian Angel Carers for further information!

Start your own Wonderlawn franchise
Yes
Find Out MoreTurnover of £250,000 with gross profit...

Request Free Information
Send a free enquiry to Wonderlawn for further information!
Companies to Consider

Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
Brexit property investment myths BUSTED!
Added 2 years ago | 2 min read
-
“To be successful in business, you need to show some passion”
Added 37 minutes ago | 2 min read
-
“This Thai food chain will remain an industry leader”
Added one day ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Over 50k
If budget is not an issue, then don't miss these.
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news