Part of the mission of NPO Musketeers is to help nonprofits and businesses grow. This strengthens local communities and economies, and increases self-sufficiency for both the new business owner and their future employees. If you’re thinking about starting a business have you ever considered the option of buying an existing business instead of creating one from scratch? Helping people through the process of buying or selling a business is exactly what Associated Business Brokers does, who is also a sponsor of NPO Musketeers.
Associated Business Brokers currently has a featured listing for a Master Franchise Opportunity. You’ve likely heard of franchises such as burger restaurants, gyms, hardware stores, tax firms and others. The benefit of a franchise is that the franchisor already has the brand awareness, systems and resources in place which can give you, the franchisee, an edge towards success. All of these can be extremely difficult to build or obtain when starting a business from scratch.
But what is a “master franchise”? While other franchises will give you permission to set up shop on a location-by-location basis, a master franchise gives you an entire territory, where you actually become the “franchisor” with the ability to sell franchises to individual franchisees.
The Master Franchise which Associated Business Brokers currently has listed for sale includes territories in Tucson, AZ as well as over 40 other major metropolitan areas nationwide. In territories which have been operating for at least 2 years, the average sales are almost $2.4 million. This is more than double the annual sales of franchise owners for the top five leading brands for categories including fried chicken, burgers, subs, pizza, hair, mufflers, and taxes, with less than half of the initial investment. Top performers are grossing almost $5.5 million.
The master franchise territory owner will sell commercial cleaning franchises to new franchise owners and provide daytime aspects of their cleaning businesses like sales, marketing, invoicing, collections and more for a total of 12 different revenue streams. This is an ideal opportunity for someone with experience managing a team and working within a service-based industry. As the owner, you control your time in the office and away from it, allowing you to spend time with family and doing personal recreation. This is not an opportunity for you to buy a “blue collar self-employed” position. As the CEO of your master franchise you and your team will perform the “white collar”, office-based tasks for your franchisees. Commercial cleaning is a niche that does well in any economy, but it is one that particularly thrives in a COVID-affected economy.
The franchising fee is $98,000, but the overall estimated startup costs are between $246,000 and $405,000, a reasonable amount compared to other franchises which have even more startup costs but less potential return.
If you are looking for the right franchise opportunity this is definitely one that you’d want to explore! By filling out the form below your information will be sent to Associated Business Brokers who can help you learn more about this opportunity. They are not the “master franchisor”, but they represent them as a business broker. Associated Business Brokers is a sponsor for this blog post. By using their services it helps to support NPO Musketeers in all of our operations to help nonprofits and business grow, build communities and local economies, and improve self-sufficiency for new business owners and their future employees. The statistics mentioned in this article are not guarantees and results may vary.
