Colorado Springs, Colorado (PressExposure) December 22, 2009 -- A new classified ad site, FranchiseSaleDirect.com, was recently launched to advertise franchise sales and re-sales. This venue provides a low cost means of connecting potential franchise buyers with franchisors, owners, brokers, or agents. It is desirable because a very limited number of classified ad websites are devoted to franchise sales.
Franchise Sale Direct makes it easy for buyers and sellers to connect. Potential buyers can readily find new and established franchises by type and geographic selections. If desired, owner name and name of business can remain confidential and be protected with a non-disclosure agreement.
Franchise owners re-sell for a variety of reasons such as: cashing in for retirement, spouse job relocation, health, other business interests, narrow margins because of poor management and banker pressure. This presents opportunities for buyers.
The primary advantages of buying a franchise resale are: - Local franchise brand recognition and presence - Existing franchise customers - Existing cash flow - Existing facility, fixtures, furnishings and equipment (FFE) - Existing inventory and established supply lines - Existing staff - Evidence of what has been done and can be done - Easier to obtain financing for an existing franchise than for a start-up franchise location or a proprietorship.