Why Choose SellFranchise.com to Help Me Sell My Franchise Business?
SellFranchise.com is a unique seller support service that will help you with every step of selling your franchise business from determining the fair value to finding a qualified buyer. You’ve been building a successful franchise business for years, and now you’re ready to sell and reap the rewards of your hard work. Here are the top ten reasons to use SellFranchise.com to sell your franchise business:
All We Do is Franchise Re-sales
The only businesses we help to sell are franchise businesses. No one knows the business like we do -- we have many years of experience in helping franchise businesses secure financing.
- We’re Franchise Funding Experts
Most buyers will need financing to buy a business. We will make sure that we maximize their chances. For years we have been helping entrepreneurs, investors, franchisees and franchisors throughout the country to obtain financing for startup, acquisition, expansion, and refinancing for their franchise businesses. This is why we created SellFranchise.com. We have already been assisting franchise owners with pre-screening their business financials and other information to help determine loan potential even before we have a prospective buyer. Many of those sellers (franchisees) came referred to us by the franchisor (Franchise Corporate Office). It is our financing specialty and knowledge (full-service loan packaging, relationships with top aggressive lenders) that is the key to helping you sell your business. We have several franchise finance websites that discuss our Franchise Advantage Program in detail, including FranchiseFunding.net, FranchiseLoans.com, and FranchiseTiger.com. Make sure to view the many different franchise loans (both SBA and Non-SBA) that we have helped fund recently. - SellFranchise is experienced at Reviewing Business Financials
This is already part of our daily process. We will review and pre-screen your company financials (business tax return, P&L, balance sheet, interim financials) to help determine and strategize our plan of action. We want to determine that a serious buyer will be able to obtain a business loan. We also review any business financials that a buyer would have to show a proven track record of success. This review process is fast within a day or two.
- We Help You Set an Asking Price
Because of our background in business finance, and our experience with reviewing business financials, we can help you maximize your return by helping you determine the right asking price. We have extensive support to properly determine current market price. You should not have to settle for seller financing. Our goal is to get all of your money upfront!
- You’ll Save Thousands
SellFranchise.com charges a fee of just 4% of the purchase price upon the completed sale. Our only other charge is a $250 processing fee upon initial listing for our gold level of service. For our silver or bronze programs, our fee is due once you sign and return the advertising agreement. For buyers, our service is free. Why pay 10 - 15% of your hard earned money to a traditional business broker. It is simply too much to pay. Instead save thousands of dollars that you can reinvest or use to help build you nest egg by choosing SellFranchise.com.
- A New Choice When You Decide to Sell
Most business brokers are hard workers, but selling a business is not always easy. Therefore, most will concentrate on their “high-end” listings the ones that will make them the most money. Our specialty is small business franchise sales and our goal is to have a long term relationship. We want your referrals and your future business. Selling your business on your own requires a lot of time and effort, as well as expertise you may not have in areas like pre-qualifying buyers and advertising. We do all of this for you, and for much less.
- Your Privacy is Always Retained
SellFranchise.com will preserve your privacy at all times. It is a top priority. Since you want everything to remain status quo while going though the sales process, your employees do not need to know you are selling your business. Confidentiality Agreements are used for all potential buyers who are reviewing company information and financials.
- We Pre-qualify First
Since we are franchise finance experts, we will pre-qualify all potential buyers, which requires extensive daily pre-screening of potential borrowers. We will have them fill out a personal financial statement (PFS), personal income and expense sheets (PIE), pull their credit report, review their past work experience, fill out a “Buyer Profile” page, and confirm that they are serious, motivated buyers. We’ll quickly determine if they qualify for a loan or if they will be financing the purchase themselves. We will only introduce prospective buyers if they pass all of our requirements.
- We Know How and Where To Advertise Your Business
SellFranchise.com feels that the best way to promote and market your business is by maximizing your internet exposure on the most visited/high traffic business and franchise for sale websites. We know the top industry websites. We currently advertise our financial services on several of these sites. This is simply where most quality buyers are now going to buy a business. And it is increasing every year. We will list your business on a minimum of 5 websites as well as our own site. Our goal is to maximize interest in your business, which will increase the chances of more prospects and a final sale. - A Simple Service Agreement
Unlike traditional business brokers with their standard long-term listing agreement (usually one year), we do not lock you and your business into that long of a commitment. All that we require is a 6 month time period (for our Gold level of service) to properly provide our 7 Point Process to Success. We believe in giving your company flexibility. We strive to earn your trust by providing you with quality, qualified buyers within a reasonable amount of time. If we fail to do so, then we are not doing our job properly.