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Existing franchises for sale by their owners. What’s wrong with that? In the United Kingdom, reports Johnny Sellyn, a founder of FranchiseResales.com, a third of all franchise sales are resales. In the United States, however, franchise resales account for merely a small fraction of total franchise sales. Why? Sellyn says that American franchise buyers seem to think there’s something wrong with an existing franchise business if it’s for sale.
Existing franchises for sale by their owners. What’s wrong with that? In the United Kingdom, reports Johnny Sellyn, a founder of FranchiseResales.com, a third of all franchise sales are resales. In the United States, however, franchise resales account for merely a small fraction of total franchise sales. Why? Sellyn says that American franchise buyers seem to think there’s something wrong with an existing franchise business if it’s for sale.