Featured resale of the week

Property management franchise
Location: East England
Investment: £550,000

This exciting opportunity is for a Sales and Lettings business with a managed portfolio of over 480 properties plus around 160 let only properties. The client base offers excellent scope for further growth whilst enjoying the benefits of being part of a large, and award winning, well-respected brand.

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

Franchisee returns to his caring roots with territory resale

When Mike Keig decided to look for a new challenge, home care wasn’t a sector he was considering as his background for the past 20 years had been the engineering and manufacturing industry. But after speaking with a current Home Instead franchisee looking to sell their business, Mike soon realised it was the opportunity for him. And it brought him full circle in his life, as many years before his Mum had run a care home. Read on to see how Mike Keigh, Home Instead franchisee for Weston-Super-Mare, returned to his caring roots to take a territory resale to a £1m turnover.

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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