Resales


“ franchise resale comes with benefits such as established reputation customer base team of employees and a guaranteed reenue”


of a proven turnover, an existing team and an established client base, meaning banks will look favourably on any lending, even at a higher level and sometimes over a longer franchise term.


hat are the enefits o a resale Resales are perfect for someone who has run a business before, or may have held senior roles in large corporates, and is looking for an investment they can develop further. A resale franchisee ideally needs to be


able to engage with and manage people straight away, as the existing team will already be established and have their way of working. They must have a very clear vision, ethos and culture that aligns with the franchise network.


Most franchise network networks will have a number of resale territories at any one time; Home Instead has a small number of resales available across the UK. Resales bring enthusiastic new faces into


a franchise network, who are invested in the brand and will help achieve further growth for the franchisor and the franchisee.


How are they valued? Franchise resales are valued on a multiple of the operating profit of the company, representative of the success and turnover of the business. You’re investing in the business which the


previous owners have dedicated years of their life to establishing, building it up to become profitable and successful. Franchise resales require a larger initial investment than start- up franchises, but financial help is available. Many banks look favourably on the


franchise sector, due to the very high percentage of successful businesses. Resales also have a track record in the form


ow is the ranchisor involved As a franchise, the business isn’t a standalone company – it is part of a wider franchise network. The franchisor wants someone to invest in the resale office who will continue to grow the brand. When owners decide they want to sell


their business, the franchisors may become involved to ensure the franchise is sold to someone who aligns with the franchise’s mission and ethos  a good fit who will continue to achieve success. Home Instead guides franchisees from


the very first day of their journey until their last, and is invested in ensuring that when the day comes, a franchisee’s exit from the company is supported. Franchisees who are looking to sell on


their business are provided with a wealth of support, helping them to realise their investment whilst being sure they are handing their business over to someone who shares the Home Instead vision. 


hoeinsteadcokranchiseresales BUSINESSFRANCHISE.COM 29


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74