Remember that all franchises have top performers and also failures in their system so focusing only on revenue is not ideal. The key is aligning your own strengths. local market demand etc. to the right franchise. A very profitable franchise for one person in one city will be a bankruptcy for another. If you need help with your selections our service is free: www.franchise.city/our-services . Thanks for visiting.
1. How much it costs 2. How much franchises have made 3. How to acquire the business and get financing. 4. The industry Not sure what else we could add but open to suggestions :-)
@@FranchiseCityOnline You could have given 1-2 names of those franchises....after all, if we are watching your videos, chances are, the probability of running off on our own and buying the 1-2 franchises would be extremely slim.
@@mohammadkhan7903 keep wondering Khan. Your suspicion is out of place. I really like the forum and love his inputs and teaching others. Pay attention to what he says and what I comment. It is just that when you appreciate people and you just thank them. Enjoy
@@mohammadkhan7903 yes did few before and still in one now. Real estate and involve in stocks and others. Look, I enjoy Robert’s subjects very well and have very interesting information that if people pay attention to what he has to offer. If I am a younger man I would definitely be involved with his services. Get his book and it is a free copy on Amazon at certain dates and you will learn a bunch. No advertisements intended. It is free
Sadly, in these hard times nobody has 250k to invest in a franchise if they did most likely they would start their own business with that type of capital. This video didn’t help much besides provide marketing for the content creator to solicit business. Smh
1. Yes I am soliciting business online. Is that a bad thing? 2. "Nobody" having $250k is not accurate 3. There are a number of reasons people buy franchises vs starting a business in fact most of our team owns franchises despite having the ability to start a business. th-cam.com/video/1yunaxZKyFE/w-d-xo.html Thank you for the comment.
Thanks for the inquiry - not sure which one you were interested in specifically, but to check for territory availability and receive more details: www.franchise.city/franchise-inquiry
Thanks for the question. yes, some franchises allow for semi passive ownership (5-10 hrs week) and some provide 100% passive ownership with management in place. Investment is a bit higher at about 300k for completely passive. If you ever want to see what is available feel free to give us a call www.franchise.city/our-services
@@FranchiseCityOnline for the completely passive - what’s the typical net revenue possible - say on a $500k total investment? How many are there? Are they REALLY passive? (Or at least 1-2 hrs a week max)
@@Mav0585 We have very few franchises that are 100% passive, but yes they are completely hands off and corporate manages the location. We have others that are semi-passive where owners hire a manager, which takes between 2-10 hrs week. The 100% passive often will fill their quota early in the year and are unavailable. Calculating earnings takes some time to look at local demographics and competition demand etc. Your broker can help walk through that. But from a general perspective most buyers expect more than the market average, plus they are building a saleable asset like real estate.
Thanks for the question! Net profit is the money remaining after all expenses are paid. "Median" is similar to average. In this case the middle value of all franchise owners, so 50% of operators earn more than this figure, and 50% earn less than. Note that net profit often does not include what the owner gets paid as a salary, which is actually considered an expense for the business. So your business could have $200k net profit, and the owner paid themselves $100k salary. This figure is referred to as "discretionary earnings".
Sooooo call Franchise City! Most companies prefer to keep their franchise revenues private. Even Bizbuysell the vast majority of listings are anonymous.
i work in home restoration, this could be a great franchise for me.
this, is an awesome channel. keep up the great work.
What's the name of the franchise?
I’ve missed this channel, just found it again!
Welcome back!
How is A Better Solution (ABS) Home Care as a franchise net profit wise on average
Remember that all franchises have top performers and also failures in their system so focusing only on revenue is not ideal. The key is aligning your own strengths. local market demand etc. to the right franchise. A very profitable franchise for one person in one city will be a bankruptcy for another. If you need help with your selections our service is free: www.franchise.city/our-services .
Thanks for visiting.
This video didn’t really tell you much
1. How much it costs
2. How much franchises have made
3. How to acquire the business and get financing.
4. The industry
Not sure what else we could add but open to suggestions :-)
@@FranchiseCityOnline You could have given 1-2 names of those franchises....after all, if we are watching your videos, chances are, the probability of running off on our own and buying the 1-2 franchises would be extremely slim.
Thats great ..! What kinds of business ?
Very very interesting. Thank you for sharing
Thanks Hassan!
I wonder if they pay you to comment. You always say something usually always the same thing.
@@mohammadkhan7903 keep wondering Khan. Your suspicion is out of place. I really like the forum and love his inputs and teaching others. Pay attention to what he says and what I comment. It is just that when you appreciate people and you just thank them. Enjoy
@@hassanbazzi3545 Curious Bazzi, do you own a business yet?
@@mohammadkhan7903 yes did few before and still in one now. Real estate and involve in stocks and others. Look, I enjoy Robert’s subjects very well and have very interesting information that if people pay attention to what he has to offer. If I am a younger man I would definitely be involved with his services. Get his book and it is a free copy on Amazon at certain dates and you will learn a bunch. No advertisements intended. It is free
Between $75-k -$100k what kind of business please..! Thank you
For the franchise buy in - Are people taking a loan or is this cash they have in the bank?
Sadly, in these hard times nobody has 250k to invest in a franchise if they did most likely they would start their own business with that type of capital. This video didn’t help much besides provide marketing for the content creator to solicit business. Smh
1. Yes I am soliciting business online. Is that a bad thing? 2. "Nobody" having $250k is not accurate 3. There are a number of reasons people buy franchises vs starting a business in fact most of our team owns franchises despite having the ability to start a business. th-cam.com/video/1yunaxZKyFE/w-d-xo.html Thank you for the comment.
SBA Loan?
1/4 profit merge is good?
Hello, I am interested. I would like to know more about this franchise.
Thanks for the inquiry - not sure which one you were interested in specifically, but to check for territory availability and receive more details: www.franchise.city/franchise-inquiry
I was looking at a del taco franchise, the get in fee is about 2m, im still waiting for you to do del taco.
2million?
@@VanillaEarth744 yes
No need to wait - just give us a call www.franchise.city/our-services
I heard they have a new thing called freshavocadoes; they're apparently pretty good.
So how much cash do you need on hand? I understand you can get financing for the 2m but the cash on-hand(liquidity) might be a deal breaker.
Are there low cost franchise with at least 50k profit and hands off maintenance?.. I don't wanna be held down to one thing I love variety
Thanks for the question. yes, some franchises allow for semi passive ownership (5-10 hrs week) and some provide 100% passive ownership with management in place. Investment is a bit higher at about 300k for completely passive. If you ever want to see what is available feel free to give us a call www.franchise.city/our-services
@@FranchiseCityOnline for the completely passive - what’s the typical net revenue possible - say on a $500k total investment? How many are there? Are they REALLY passive? (Or at least 1-2 hrs a week max)
@@Mav0585 We have very few franchises that are 100% passive, but yes they are completely hands off and corporate manages the location. We have others that are semi-passive where owners hire a manager, which takes between 2-10 hrs week. The 100% passive often will fill their quota early in the year and are unavailable. Calculating earnings takes some time to look at local demographics and competition demand etc. Your broker can help walk through that. But from a general perspective most buyers expect more than the market average, plus they are building a saleable asset like real estate.
What does median net profit mean? Is that what the owner pays himself?
Thanks for the question! Net profit is the money remaining after all expenses are paid. "Median" is similar to average. In this case the middle value of all franchise owners, so 50% of operators earn more than this figure, and 50% earn less than. Note that net profit often does not include what the owner gets paid as a salary, which is actually considered an expense for the business. So your business could have $200k net profit, and the owner paid themselves $100k salary. This figure is referred to as "discretionary earnings".
How do I contact you?
Link at the end of the video or in the description box, google franchise city, or click here www.franchise.city/our-services thanks for watching.
Soooo whats the name....
Sooooo call Franchise City! Most companies prefer to keep their franchise revenues private. Even Bizbuysell the vast majority of listings are anonymous.
Lol this info would be worth $10k at least...