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Franchising

Is buying a franchise resale a good idea?

Nomvula D.2w ago1 replies72 views

Considering a franchise resale instead of starting a new franchise from scratch. What should I be checking on the existing franchisee's operation before committing?

Top answers

Camille DuboisVerified Expert

Check the franchisor's approval requirements, review the outlet's own P&L (not just brand-wide averages), and speak to the franchisor directly about any disputes with the outgoing franchisee.

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