FranNet Rare Resale Opportunity:
We represent over 80 franchise concepts and are seeing a high level of interest in the following opportunity. While this may be of specific interest to you, FranNet’s process is to help our clients build their ideal business model before ever making introductions to specific franchisors.
If you are interested in investigating this (or other) options further, please contact our Manager, Operations at [email protected] to set up a call so that we can get our mutual questions answered and decide on next steps.
One of North America’s Largest Franchise Systems Selling Corporate Stores
One of North America’s largest franchise systems is selling some of its corporate stores as existing franchises, thereby creating over 30 locations in the Montreal region and 3 in Hull, Quebec. This opportunity comes with incredibly rare circumstances including but not limited to:
- Existing locations with existing staff and an established customer base
- Proven HIGH-value retail locations
- Historical financial performance and profitability
- Recession and technology resistant
- Passive engagement ownership (manage-the-manager) and keep your full-time job
- NO WAITING – save months not having to search for the right location
- NO RAMP-UP to positive cash flow in most cases – save many more months of time not having to build a customer base from zero
This brand is one of the largest in their $65 Billion industry; many of these businesses are located in existing high traffic centres, and the franchisor has enjoyed a preferred status relationship with the centres for twenty years.
Please note that this is ONLY multiple unit opportunities; 3 units is the minimum number of stores to purchase. The franchisor is looking for prospective franchisees with proven operations management/leadership experience.
To emphasize how unique this type of opportunity is, when this opportunity became available in Toronto late last year, over 20 locations were snapped up by savvy investors within the first 6 weeks, and another 40 were bought within the next 2 months.
This franchisor requires that prospective franchisees have a $1,000,000 minimum net worth and a minimum liquidity of $200,000 (Savings/stocks/bonds, available home equity credit line, etc). These businesses will qualify for significant bank financing.
If you or someone close to you is interested in this opportunity AND meets the franchisor’s experience and financial criteria, I invite you to respond back to set up a call to get your questions answered and see if you meet the franchisor’s criteria.
5925 Airport Road, Suite 200 • Mississauga, ON L4V 1W1 • Canada