There are many reasons to buy a resale franchise. But what exactly is a resale franchise? It’s when you buy an existing franchise business from the current owner instead of opening a brand-new location directly with the franchisor.
There are a lot of efficiencies when going the resale route, from featuring an established strong client base to having an existing trained staff. Let’s dive into the top reasons you should consider a resale franchise.
You’re buying an established business
What do you get when purchasing a business that’s already active and successful? Existing client relationships, current revenue streams, operational systems that are already in place, and a proven local market presence, are just a few of the benefits of taking over an existing business.
Taking over existing client relationships allows you to avoid starting from scratch — your clients are already on board. Current revenue streams mean you’re bringing money in from day one. Operational systems being in place means a shorter learning curve plus less start-up stress for you, your employees and your clients. And proven local market presence is a major advantage as the business already has recognition, customers, and operating history in that specific area.
You’re making your way to profitability faster
Many times, a resale franchise has been well cared for by its previous owner, so you’re not building from scratch. Operations are running, staff is trained, business is active, marketing is placed, equipment is purchased — and profitability is already happening before you sign your name on the dotted line.
There’s built-in brand recognition
Built-in brand recognition is one of the biggest advantages of purchasing a resale franchise. With Express Employment Professionals in particular, Franchise Owners benefit from joining a well-established and trusted brand with a strong reputation in the staffing industry. The company has been recognized as the #1 staffing franchise in the staffing and recruitment category for the 15th consecutive year, giving new owners added credibility with both clients and job seekers.
Resale franchising equates to lower risk
Purchasing an existing franchise location is often considered lower risk because buyers can evaluate the business using historical financial performance, including past sales, profits, and operating expenses, rather than relying solely on projections. In addition, an existing customer base provides established demand and brand recognition within the local market. This operating history also makes forecasting and planning easier, as buyers can use prior performance trends to estimate future revenue, staffing needs, and operational costs more accurately. Together, these factors provide greater transparency and predictability, making resale franchising a safer investment than starting a new franchise from scratch.
There’s built-in support and growth opportunity
Buying a resale franchise doesn’t mean you can’t make the business your own — especially with an Express Employment Professionals resale franchise. While the business already has established operations, customers, and brand recognition, new ownership still brings opportunities to introduce fresh ideas, improve efficiency, strengthen client relationships, and expand services within the local market. At the same time, Franchise Owners benefit from the company’s proven training programs, operational guidance, and ongoing support systems, which can help reduce uncertainty and make the transition smoother. This combination of an existing foundation and continued franchisor support gives new owners the flexibility to grow and improve the business while still operating within a proven franchise model.
Curious about resale franchises with Express? One of our Franchise Development Directors can speak with you about the benefits of going that route in your journey to ownership. Simply fill out the form below to connect with us.