Understanding Franchise Re-Sale Programs: A Smart Exit or Entry Strategy
For entrepreneurs who are either looking to exit their business or enter the world of franchising with less risk, franchise re-sale programs offer an ideal solution. Unlike starting a franchise from scratch, re-sale programs allow buyers to step into an existing, operational franchise business, while providing a smooth exit for current owners. This approach benefits both parties—sellers can monetize their investment, and buyers gain an established customer base and cash flow from day one. In this blog post, we’ll explore what franchise re-sale programs are, how they work, the advantages they offer, and what to consider whether you are selling or buying a re-sale franchise. What Are Franchise Re-Sale Programs? A franchise re-sale program is a structured system offered by many franchisors that helps facilitate the transfer of ownership from an existing franchisee to a new owner. These programs are managed either internally by the franchisor or through approved third-party brokers who un...