Franchise Resale Opportunities
- Franchise Opportunities
- Business Opportunity
- Franchise Resale Opportunities
Franchise resales
In addition to purchasing a start-up franchise in a new territory area, Right at Home can also periodically offer the opportunity to buy an existing business as a going concern. As a franchise network matures, Franchise Resales play an important role in helping established Franchise Owners work towards their ideal exit strategy, while offering an entry route to people who would prefer to scale up an existing business, rather than building from scratch.
Why consider a resale?
1
An established brand reputation in your operating area.
2
A regular Client-base generating recurring revenue.
3
An experienced back-office and frontline team in situ, giving you greater control over your own working hours.
4
Opportunities to expand the existing operations, with potential for further internal territory acquisitions.
5
Tailored training and support to fast-track your sector understanding.
1
An established brand reputation in your operating area.
2
A regular Client-base generating recurring revenue.
3
An experienced back-office and frontline team in situ, giving you greater control over your own working hours.
4
Opportunities to expand the existing operations, with potential for further internal territory acquisitions.
5
Tailored training and support to fast-track your sector understanding.
Plus, all the standard benefits of Right at Home’s award-winning franchise system.
Why might Franchise Owners look to sell?
Right at Home has been trading in the UK since 2010 and many of our early owners have chosen to renew their Franchise Agreements after the initial 10-year term, in line with our preference for long-term collaborative partnerships. But we also recognise that there comes a point for many owners where they have built up a successful business and the time feels right to think about moving on.
One of the significant advantages of owning a franchise is that in addition to growing a business that yields ongoing operating profits, successful owners are also building an asset with a clearly defined sale value. This adds to the potential for a fantastic return on their initial investment and can pave the way to fulfilling your future lifetime ambitions.
What does a homecare franchise business sell for?
Our resales are valued on a multiple of the operating profit (EBITDAR), which is an industry-standard method of calculation.
Care franchises will typically present a Share Sale opportunity – this means you purchase the whole Limited Company, including all staff, Clients and – importantly – the Regulatory Registration and Rating. This is a legal requirement for our sector, and can take upwards of 3-4 months to put in place for a start-up, so one big advantage of a resale is that you can hit the ground running.
While every sale is subject to a ‘willing buyer, willing seller’ approach, one big advantage of buying a Right at Home franchise is that as Franchisor, we will ensure any proposed deal is fair to both parties and based upon an independent business valuation.
You can click here to read more about Share Sales, and to get a comparison against an Asset Sale.
How does RaH support with buying an existing franchise?
1. We ensure Right at Home businesses sell for a fair price, based upon an independent business valuation by a qualified sector specialist.
2. We work alongside the Buyer and Seller, and their advisors, to support a smooth process from evaluation, through to due diligence and completion.
3. We ensure anyone buying an existing franchise receives the same first-class onboarding support and training as all new franchisees.
Current resale opportunities
Asking price £275,000
Summary of Opportunity: Growing, profitable homecare business with excellent credentials
Annual Turnover: £450,000
Training Fee: £10,000 +VAT
Asking price £400,000
Summary of Opportunity: An excellent opportunity to continue rebuilding a previously top-performing business
Annual Turnover: £750,000
Training Fee: £10,000 +VAT
Asking price £1,115,000
Summary of Opportunity: An excellent opportunity to take a top performing established business to even greater heights
Annual Turnover: £2,300,000
Training & Franchise Fee: £10,000 +VAT