JustPoetik
Feb 5, 2011, 04:50 PM
Since a  franchise is already an established business, wuld it be difficult to obtain
Fr_Chuck
Feb 5, 2011, 04:56 PM
1 how good is your credit,  that will have a lot to do with it
2. how much profit is the business making, what does the last three years taxes show as profit
3.  Is the business up to date,  I was in a old Subway the other day that I would not eat at.  Is the equipment proper and working
4. Depending on the business,  how is the stock being sold, at what value.
5. is the price a fair price,  a great francihise is not worth the money if they are asking 4 times its true value.
6. what or how is the industry doing,  has there been recent changes that may hurt its value  Example, not sure a Borders Book Store franchise would be worth much now adays.