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    Caring Senior Service Franchise Blog

    Things to Know When Buying An Existing Franchise Business.
    Comprehend the FDD.
    Audit Transfer Requirements.
    Decide the Business Value.
    Examine Why the Current Franchisee Is Selling.
    Inspect Financial Records.
    Become familiar with the Seller/Franchiser.
    Examine the Franchisor.


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    Thanks for sharing with us


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    With a current establishment, you can arrange the price tag. New establishments accompany a set cost and terms, on which the franchisor is once in a while adaptable.


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    If you guys are experienced with resturants, your better off opening your own. Ill never understand payin franchise fees just cause of a name. If ya got good food, good service, clean place and good quality, youll make your own name without having to pay a fortune. Another thing you need to be worried bout with franchises is that when ya buy one, your stuck with for a long time. They dont do short term. Meaning even if ya lose money at that particular site, your stuck with the franchise there, which means if ya decide ya cant afford it,


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    . First question that ya need to answer is "are ya experienced in the resturant business?" If not, franchise or not, statistics and my experience shows its a bad proposition. If you guys are experienced with resturants, your better off opening your own. Ill never understand payin franchise fees just cause of a name. If ya got good food, good service, clean place and good quality, youll make your own name without having to pay a fortune.


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