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Let
Us Do It All |
Hundreds of franchise owners from Maine to Florida, over to California and most points in between have benefited from this service. |
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We originally began by providing this service to our local clients. Subsequently we were asked to make the program available nationally to franchisees of one of the country's largest and oldest franchises (we had provided the service to more than thirty of their franchisees in our area). The franchisor recognized our program as a valuable resource for their franchisees. The benefits they saw that their franchisees would realize included:
Our method addressed the possible sale of a franchise in a logical and systematic multi step process that allowed their franchisee to be in control throughout
Access valuable Pre-Sale intelligence without having to sign a "Listing Agreement"
Our
report provide valuable insight as to:
* Optimum price and transaction structure,
* Identification of the ideal buyer candidate,
* Value enhancement recommendations both long and short term
Prices we obtained for their franchisees operations were consistently better than average
Quality of the replacement franchisee was superior to usual replacement candidate
Franchise typically required less than three exposures to sell, most often only one exposure was required to sell a franchise
Essentially every franchisee who attempted a sale was successful in obtaining an optimum price and an exceptional buyer
Our "We Do It All" program is split into three separate steps:
Step 1 Buyer Identification - Summary of Business Values
An analysis and review of the company is conducted to determine the characteristics of the Right Buyer because, as you know, only the right buyer will pay the right price. The report illustrates why the different buyers will pay very different prices and what prices they are willing to pay. Identify those items and elements that impact value and that present an opportunity increase value prior to attempting a sale of the franchise. We typically generate a 35 to 50 page report written in shirtsleeve English, no MBA or CPA jargon. We have been told that our reports provide the same pre-sale information Public companies expect yet Private companies require in order to make intelligent decisions.
At the end of this first step franchise owners have: decided to not sell at all, to implement recommendations and then sell, confirm timeliness of selling, their satisfaction with likely price and terms and authorize the commencement of marketing efforts.
Step
2 - You have confirmed that a sale of your franchise is
timely and have decided to proceed with a sale.
The next steps are to:
Refine the characteristics or profile of your ideal buyer,
Ratify
target price and terms,
Identify
lenders willing to provide
acquisition financing for your buyer,
Review
taxation consequences and understand how to best structure
the sale,
Prepare
marketing materials that fully describe your opportunity,
Compile a complete Due Diligence package
This step is the basically pulling all the loose ends together, creating marketing materials and preparing for "Due Diligence." All of this must be completed before we attempt to attract your buyer.
Steps 3 - Begin the search/Sell the franchise
Begin the actual
selling process. Write and place blind ads in the proper
venues. Interview buyer candidates, screen for proper
profile or qualifications. We consider our job is to find
you a replacement CEO
How do we get Paid?
We are paid a retainer for our work in parts one and two (You are still free to sell your franchise yourself and not owe a commission at this point). Assuming you engage us to market your company we require no additional fees at this time and are paid a commission based upon the sale price you receive. This amount is paid at closing and the previously paid retainer is deducted from the commission.
Give us a call for a quote on what the retainer for your size and type franchise might be and to answer any questions you may have.
Franchise Re-Sale System
1 508-794-1200 or Toll Free 1 888-556-8118