Small Business Resources, Business Advice and Forms from AllBusiness.com

Why Should I Buy an Existing Franchise?

Date: Tuesday, February 20 2007

It can be tough to launch a new franchise from scratch, so why not buy a franchise that's already in existence? There's no need to waste valuable time searching for and purchasing real estate.

Plus, you will have complete access to the business's monetary records and earnings history. If the numbers look solid, you can feel more confident about the purchase; if earnings seem less than stellar, you can walk away.