Featured resale of the week

Monkey Music provides weekly music classes that are entertaining and educational.
Location: Dulwich and Herne Hill
Investment: Offers from £38,000 inc vat

Monkey Music's first franchise area is now for sale. Established in 1998, Rebecca Maskell was the first franchisee for Monkey Music running the franchise in the Dulwich and Herne Hill areas of South London. After 20 successful years, Rebecca has decided the time is right to sell her children's music class business. This an excellent opportunity for new owners to gain a business that is well-established and highly regarded in the local area, whilst having the opportunity to put their own mark on the future of the 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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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