Your Sunbelt Business Broker of Pasadena can assist you in finding a new franchise or an existing franchise. A franchise can be defined as the right conferred by a franchisor to an individual or group to market a company’s goods or services in a particular territory. Essentially a franchisor provides a franchisee with a business template in exchange for the franchisee paying a royalty fee on their gross sales. In addition, some franchises will collect an advertising fee to promote the brand name of the franchise. While the basic financial structure of franchising is the same, the culture of each franchise can vary significantly. Some franchises are very “corporate” while others are more “family business” oriented. Your broker can assist you in selecting a franchise that fits your personality and financial budget and goals.
Your Sunbelt Business Broker of Pasadena can introduce you to a franchise that meets your personal and financials needs.