Below is a list of some of the advantages and top reasons why you might want to consider buying an existing franchise business for sale instead of starting a new franchise.
Established Track Record and History – When you buy an existing franchise business opportunity you will have the advantage of being able to examine and validate financial records that can help determine if the business is a potentially good investment or not.
Current Income – Many well established (3 + years) existing franchises will already be profitable and can provide a fairly predictable cash flow to the new owner.
Less Risky – Buying a well established franchise business is often much less riskier than than starting a new franchise in an untested location.
Less Expensive – In many cases buying a an established or existing franchise location is less expensive than starting one from scratch with the added benefit of current cash flow to potentially help cover the costs of any acquisition debt service.