Free Consultation

Jack Armstrong

Market President, Franchise Consultant

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Serving New Jersey,

What is a FranNet Franchise Consultant?

A FranNet consultant is your one-stop-shop for all franchise information and services. Our job is to ensure you find the right business that maximizes your odds of success and happiness and allows you to meet your lifestyle, career and financial goals

How do we help?

We help you by providing assorted research and information that will help you investigate different franchises to start your own business. We can introduce you to many different franchisors, so rather than having to go from place to place to learn about specific businesses, you can learn the basics about several options all in one spot! This saves you time and money.

FranNet Consultants helps save you time and money in several ways: by educating you about franchising; by helping you research your business; by identifying the right structure and strategic mix of the businesses you are interested in; and by introducing you to the franchisors that fit your model.

We’ll encourage you to thoroughly research any franchise that you are investigating, and we’ll even help you find franchise attorneys and other advisors so you can gain more information before you buy. We believe that the more you know, the better the odds are that the choice you make will be a good one. As a result, we stress that you spend the necessary time to research before you buy. Once you’ve bought the business, it’s too late to change your mind.

How much do we cost?

FranNet Consulting Services are 100% Free For Our Clients. Like a real estate agent, we make our commission only if and when a deal closes and are paid by the seller, not you, the buyer.

How can we work together?

  1. Take Our Franchise Readiness Assessment
    • Take our free proprietary Readiness Assessment to evaluate your business owner profile, including a personality analysis and an investment range determination. From here, our algorithm can help determine what franchise options in your local market may be best able to meet your goals.
  2. We Will Review Your Readiness Assessment
    • Once you have your Franchise Readiness Assessment results, you may request a free, no-obligation review session with your local franchise consultant. During this meeting, you can gain more insight into what franchise opportunities may be best for your goals.
  3. We’ll Discuss Your Franchise Options
    • After the review of your Readiness Assessment, we work with you to determine what local franchise options may be worth exploring. Your local consultant will present you with a number of options and depending on which ones you are interested in, your consultant will make an introduction.
  4. Introduction To Your Ideal Franchise Brands
    • We will help facilitate those introductions and coach you on the due diligence process, providing guidance on questions to ask, how to understand Franchise Disclosure Documents (FDDs), and tools on how to rank the franchise opportunities for yourself.
  5. Introduction to Existing Franchisees of the Brands You Like
    • Once you've learned more about each franchise opportunity that you are interested in, you will be able to speak with active franchisees in their respective organizations in order to validate the business, support, and overall success of each.
  6. Attend a Discovery Day
    • Prior to making a formal commitment to a franchise opportunity, you will attend a Discovery Day, usually on-site at the corporate headquarters of the specific franchise you're interested in (In the wake of COVID-19, many franchisors are offering virtual Discovery Days). This Discovery Day is a great opportunity for you to meet the top management team, see their operational facility and learn more about the day-to-day life of owning a business under their brand.
  7. Making a Final Decision with FranNet By Your Side
    • Once you return from a discovery day, you'll be in a position to decide if that specific franchise is the right fit for you. If it is, we'll provide the necessary referrals to franchise attorneys, accountants, and funding partners to help complete your franchise due diligence. From there, it is your choice to sign the final franchise agreement and become a franchisee.

Jack Armstrong is the President and Owner of FranNet of New Jersey, which he has owned for the past 20 years. He is also one of the principal owners of the corporate FranNet and Chairman of the Board of the parent company. FranNet has sixty offices nationwide and represents a hundred carefully selected national franchises. FranNet specializes in the sale and resale of well-known franchise companies. FranNet of NJ has won the Office of the Year or top sales awards more than a dozen times.

Each year Jack conducts more than 60 franchising seminars, many of which are in coordination with leading Outplacement firms, the Small Business Development Centers (SBDC) and SCORE. He has presented the basics of franchise ownership as part of the Outplacement programs conducted by major organizations that are downsizing. He offers a free consultation for prospective entrepreneurs.

He also owns a Sunbelt Business Brokers of New Jersey franchise that has been in business for more than 20 years. Sunbelt Business Brokers is the largest business facilitation firm in the country with over 200 offices in thirty-eight states.

Jack has an accounting degree from Bemidji State University and an MBA in finance from Pace University, where he did his thesis on Franchising. He holds a New Jersey Real Estate License.

Awards/Recognition

FranNet Office of the Year Award:
1997, 1998, 2000, 2001, 2003, 2005, 2007, 2008, 2009, 2010, 2011, 2013, 2014, 2017, 2018, 2019

The First FranNet Consultant to Sell 50 Franchises in a Year:
2003, 2004

A Franchisee’s Journey: Getting to Know…Robert Stapf

When Corporate America decides that employees are expendable, downsizing becomes a reality for many in the workforce. The ripple effect of lost income is usually just the beginning. But for some, it goes even further, sometimes leading to a loss of self-confidence and worth—even with those who have spent decades building their own personal brand. […]

March 16, 2020