Franchise Re-sales

Existing franchises for sale

Where at one time the family business was a dynastic operation, handed on through the generations, today's entrepreneurs are increasingly livewires who enjoy moving up 'the business ladder'.

In franchising, this means that buying your first franchise is not necessarily the last business you buy. Yes, it could be kept and developed dynastically, passed on to the kids in perpetuity. However, it is now more likely that your first franchise will be like your first house. It's your first-time business purchase and experience. Once you master that, you may want to build an empire - but equally you may have gained enough management confidence and business nous to aspire to an even more challenging franchise.

Someone who starts with a one-man-and-van carpet cleaning business may develop the ambition to sell that business and purchase a regional contract cleaning business, where he can use his accumulated management skills to co-ordinate teams of men and vans. That's why the franchise industry is beginning to witness a growing number of franchisees wishing to sell their first businesses - they're ready to move on to bigger things.

Which means that more than ever before, franchise seekers have a golden opportunity to choose not just from 'virgin' franchise territories, but also from territories already developed by an existing franchisee now ready to re-sell. That's why more franchisors with hitherto full networks are now in the enviable position of being able to release territories for re-sale - but this time, territories which have very significant advantages over new franchise areas.

That's why The Franchise Magazine is pleased to present various re-sales opportunities from franchise brands available around the country - thereby expanding your options for franchise choice.

GreenThumb Management or Owner/Operator opportunity (Staffordshire based)

An opportunity to purchase part or all of an existing GreenThumb franchise, the market leader in lawn care of which its share exceeds 90%. This well established business, based in Staffordshire and with a robust and sustainable business model, already services around 3,000 customers which are called on 4-5 times per year. Strong growth potential, customer retention and profitability can be demonstrated. All round repeat business every year. True management, multi-van franchise operation.

The service is delivered by four full time, trained operatives plus an administrative assistant so the owner need only play a management role if desired. The business is currently growing very strongly with an anticipated 3,300 clients by early summer and the vendor is looking for offers in line with the revenue at the time of sale. Franchisor offers an experienced, professional and dedicated support system, providing the required backup needed to make your business an even greater success.

Asking price £295,000 (territory can be divided).