UK's largest independent windscreen repair only company.
Location: Bristol
Investment: £15,000
Optic-Kleer is the UK's largest independent windscreen repair only company. Established 4 years ago, the Bristol Optic-Kleer territory is for sale due to the current owner relocating; he has purchased another Optic-Kleer franchise in his new territory.
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Failure to prepare your franchise business for sale can affect your ability to sell it; it can affect the price you achieve and can also affect the ability of the potential buyer to raise the finance they may need. Franchise Finance can help ensure this does not happen.
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In December 2016, Paul Greenan joined TaxAssist Accountants after buying a franchise resale opportunity in Newbury, Berkshire from retiring franchisee Richard Adams. A year and a half later, we catch up with Paul to see how he found the process, what he’s learnt and what his plans are for the future.
Alla Bennett of the Premier franchise in Guildford is looking to take advantage of opportunities in her previous industry and feels now is the time to step away from her franchise. Buying into an established franchise is a great opportunity to get a head-start, with contracts, staff and processes already in place from day one! Read on to learn more about this opportunity...
You don't always have to start a franchise from scratch; many franchisees are looking to sell their existing franchise. As well as the traditional benefits of franchising, a resale will usually have additional ones such as an existing client base, established presence and revenue from day one. There are many reasons why existing franchises are for sale:
Chris is a highly experienced business consultant with a successful track record in banking, creating business plans and delivering financial training. Chris and the team at Franchise Finance support franchisees looking to prepare their franchise for resale and can give advice on valuation and how to maximise the sale value of your business. They are also able to assist the incoming franchisee by helping them arrange the finance needed for buying the business.
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Recognised as one of the leading experts in franchising, and is the Managing Director of whichfranchise, Johnny has been actively involved in franchising for over 20 years. Johnny has a specific interest in franchise resales and helping franchisees in their exit planning. He is also able to assist those looking to buy a resale.
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Richard Holden is Head of Franchising for Lloyds Bank. He has 32 years banking experience and has supported a wide range of businesses in the small business sector for many years. He is responsible for providing support to the Lloyds Bank Business Managers, assisting them in assessing proposals from prospective franchisees. He is also responsible for ensuring that the network of local business managers has up-to-date information on the franchise systems operating within the UK.
Nick Williams - Ashtons Franchise
Nick Williams is an experienced national and international franchise development consultant, having worked in the UK franchise industry for over 15 years. Nick and his team of franchise specialists have over 35 years experience in assisting hundreds of business to expand and grow through franchising, including helping franchisors to develop a strategy for franchise resales, to assist in valuing, listing and selling established locations