Sell an existing franchise
If you are an existing franchise owner who wants to sell then this page is for you!
(If you are looking to buy an existing franchise resale then please contact us to receive details of the existing franchises that we have for sale.) Lime’s franchise resales database currently has over 20,000 “would be” business owners registered. Many have come through our own directory www.franchiselife.co.uk. So we may already know a buyer for your business!
We don’t know of any other company that proactively tries to sell your franchise as much as we do. Read on to find out how to get the best price for your established franchise.
Proven background brokering franchise resales
We have already sold over 200 ongoing concerns and dozens of re-start businesses. In both franchised and non franchised environments. Unlike traditional business transfer agents, we have direct access to thousands of business buyers that have started their research in the franchise industry. Many of those people go on to acquire a franchise at some point in their career.
We follow a unique 5 step Business Sale Process to sell an existing franchise:
1. Our own franchise database: We can approach 29,000 buyers
2. Online franchise resales UK websites: These include www.franchiselife.co.uk and the market leading business transfer websites. In all, we will commit to placing over £1500 worth of online media advertising to sell your business.
3. Direct Approaches: We profile potential buyers from other businesses and make direct approaches.
4. Professional Franchise Publicity: Designed by experienced business brokers in conjunction with our graphic designers your business advert will look the best that it can.
6. Social Media: Our own social media channels on Twitter and Facebook reach thousands of potential buyers and is a proven route to help you to sell an existing franchise
7. Value: Your business marketed for only £295 plus vat followed by the industry’s lowest success only commission when you sell your business.
It can take time to sell existing franchise resales. Very much in the same way as selling your house. Some sell very quickly some take a while and there are a lot of variables. Factors including the availability of finance, market trends and of course your flexibility with regard to price all count. As does how the deal is structured e.g earn outs and post-sale assistance.
Give us a call on 01274 662001 and we’ll explain more.