The Franchise King® | Learn How To Become A Franchisee

Are You Looking To Buy An Existing Franchise Business In 2023?

immediate cash flow buying an existing franchise for sale

With the amount of businesses available to buy these days, you may want to look into buying an existing franchise for sale. Why?

Why not?

(This post may contain affiliate links. Please read my disclosure policy).

 

Buying An Existing Franchise For Sale Solves A Couple Of Problems

One problem buying a franchise that’s already up and running solves is cash flow. There’s already cash coming in because the business already has a customer base.

Compare that to a startup franchise, where you start off with zero customers and zero revenue.

Have I got you thinking?

Good.

That said, I’m not going to tell you that purchasing an existing franchise is better than starting one from scratch. Why?



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Because there are other several other important factors in play that may sway your decision.

For example, your financial position may require you to have immediate cash flow.

Or maybe your spouse feels more comfortable with a business that’s already in place (which is pretty common).

Good news! Buying an existing franchise business solves both of those problems.*

*Problem #2 is the fact that your spouse is not at all comfortable with you starting from zero.

 

It’s Complicated

I’m not talking about how complicated things can get when you’re considering switching from a corporate job to becoming the owner of a business.

Instead, I’m referring to the fact that buying an existing franchise business for sale can get complicated.

Way more complicated than buying a franchise that needs you to open a new location in your area. And there’s more.



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To see what I mean, watch the video I created.

Because while having instant cash flow can be wonderful, you don’t know how long it will last.

In other words, nothing is guaranteed.

 

 

So are you thinking about looking for existing franchise businesses for sale in your area in #2023?

If so, I can help you become your own boss with either an existing franchise or a startup franchise. Here’s how.

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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes. For over 20 years, I’ve been helping people make smart, informed decisions on franchises to buy, and I can help you, too! #thefranchiseking
“The fantastic thing about Joel is his neutrality. Because he is not getting an incentive fee, he will always give you the advice that you need (even if not what you necessarily want) and that's pretty unique these days. Thank you Joel!"
- Nic Church, France
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