So you’ve decided that you are going to buy an established business rather than setting up a business from scratch. You are not alone in having this particular thought because more and more people are recognising that to take over an existing business then develop and build it makes a lot of sense when compared to the risk involved in starting with a new concept or idea.
An existing business has cash flow already, customers in place, staff (if appropriate to the business) and a brand presence.
Extending that thought process, it is only natural therefore that people seeking to acquire an existing business should consider an existing franchised business because doing so gives you the best of both worlds; an established business with a current cash flow etc to build upon and the security of operating a business where the success rates of franchising are well known to be higher than independent operations.