Seeking Advice - Considering Multi-Unit Franchise Acquistion
I’m currently evaluating the potential acquisition of a multi-unit franchise.
I’m relatively new to franchise acquisitions. I have some questions that I'm hoping others who have had success acquiring franchises (franchise resales specifically) might be able to answer.
What are some key factors I should focus on during the due diligence phase for a franchise acquisition?
Are there any common red flags you've encountered when evaluating franchise businesses?
What are the biggest risks you've faced when acquiring a franchise?
Based on my limited research, it appears that seller financing seems to be less desirable in the franchise resale market. Is this common?