Featured resale of the week

Pet sitting and pet care business
Location: Blaby, Leicestershire
Investment: £25,000 (negotiable)

Due to an unforeseen change in family circumstances, Petpals Blaby in Leicestershire is currently for sale. In its 11th year of trading, this business operates in a large, affluent area which has untapped potential for growth in areas not yet explored by the current owner, and so the sale offers the purchaser the opportunity to put their own stamp on the business. Petpals is the UK's longest, established national pet sitting and pet care business.

Preparing your franchise for sale

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.

Why we bought a franchise resale

After watching TaxAssist grow, Paul Greenan snapped up his own resale opportunity!

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.

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• More stories from franchisees who have bought a resale

why we are selling our franchise

Buy into an established business - ready to go from Day One!

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...

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• More interviews with franchisees who are selling their franchise

Why buy a franchise resale?

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:

• The franchisee could be very successful and wants to sell a profitable business - this was their exit strategy from the start
• The franchisee is retiring
• The franchisee has realised that the business is not for them
• The franchisee has other business concerns to concentrate on
• The franchisee may be relocating
• The franchisee may need to sell due to ill health

• View indepth advice on franchise resales