Franchise resales

The franchising business model is actually really popular in the US these days, and it’s not just in a single industry. In fact, there are thousands of franchised businesses you can find across many states throughout the US, mostly in malls or shopping plazas. Moreover, most of them have been operating for decades already.

The fact that they’re able to exist for years is proof enough that the franchise resale business system actually works. Therefore, if you’re one of those who want to grab the opportunity of being able to take control of your economic future by buying a franchise, then USA Biz Investing is here to help you.

Going for a franchise resale business can be an excellent option if you don’t want to build your own franchise from scratch. However, you can expect to pay a premium in order to buy an existing franchise. Despite that, you can enjoy some advantages when you pay a premium. These would include the training and support alongside the fact that you are using a proven business format. As you buy a franchise resale, you can take advantage of an existing client base which can make it a little easier to work with your future customers.

There are several industries that belong to franchise resales, some of which include fast food and child care to name a few. Let’s have a look at each of them.

Fast Food

It’s no secret that Americans love fast food, and this explains why the nation is filled with tons of fast-food restaurants across all states. However, the states with the most number of fast-food franchise business in the US are Alabama, Nebraska, West Virginia, Oklahoma, and Tennessee.

In order to buy your own fast-food franchise, you’ll have to prepare at least $100,000 for a fast-food franchise with a decent size. However, if you want to buy a franchise from any of the major fast-food companies in the US, like McDonald’s or Burger King, you’ll need at least $300,000 to get started.

The initial cost of buying a fast-food franchise sure is expensive. However, marketing won’t be that much of an issue since the business already has its own customer base. Just make sure that you carefully weigh between its pros and cons before proceeding.

Child Care

Due to the number of working parents in the US, child care services are always in demand. Buying a child care franchise can be a lucrative business if you’re looking for a rewarding and stable venture at the same time. Child care franchises are highly popular in states like Connecticut, New Hampshire, Massachusetts, Rhode Island, and Minnesota.

Compared to fast food franchises, child care franchises aren’t that high when you plan to buy one. You only need an initial fee of $70,000, though this can vary depending on the franchise you opt for. You won’t even need a child care background to become successful in this line of business, just commitment to follow the proven systems of the franchise you want to buy.

Franchise businesses are one of the most lucrative industries out there. If you plan to pursue this field of business, then we at USA Biz Investing can help you.