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I'm thinking of buying into a franchise...how do I reseach the idea?
I'm really considering to buy a franchise fitness gym.
I was a member of one a few years ago and loved it.There are a couple around for sale due to the owner moving but want to due some reseach on the business.
I have a couple of options to buy into one.
1.Buy one that is already set up.(ones been open over 5 yrs and the other 1 1/2 years old. and both seem to be doing well)
or
2. Set one up myself.
Any ideas on how to find out if it is a good investment?
1 Answer
- 1 decade agoFavorite Answer
well you would want to et one that is set up now but to join in a franchise most of them want you to have a net worth of an x amount then an x amount avable to you in cash. Setup a meating with the curent owener and see what it would take for you to buy it.
good luck
