Franchise Maven Newsletter Sept 2

Franchise Maven Newsletter Sept 2

Hello, friends and franchise mavens.?

Thousands of you read my newsletter each week.?What information would you like to see??What questions about investing in a franchise?or becoming a franchise can I answer for you???

Top resales this week:

Pest Control

Unlike with other brands in the industry, our franchisees don't have to choose between mosquito control, pest control, or wildlife control - they can do all of it with just one low-cost franchise.

Area 1?– Cuyahoga County, OH which includes the city of Cleveland and surrounding suburbs. Population is 1.2 million. Includes a current book of business at $90,000, a fully wrapped truck and materials as well as a technician currently in place. Sale price is $50k for the territory and $40K for?the truck. There are additional counties available as well for $25K per county.?

Area 2?– Northwestern PA. Clarion, Venango, Jefferson and Forest counties. Total population 120.750. Current book of business is $22K. Cost is $50K?

Area 3?– Eastern OH. Jefferson, Carroll, Harrison and Belmont counties. Population 17,694. Book of business is $48,000 including a government contract. Price is $50K.?

All of the areas are being sold for the standard franchise fee?as if they were opening with no existing business. The difference is a franchisee will come in with business day one. These areas are also close enough to corporate headquarters home base so that the franchisor will send his sales team in to help secure larger retail and government contracts. He charges a nominal percentage for this which is still a great deal.

Resale list:

www.franchisemaven.com/resales

List of most of the franchises I work with

Real Freedom?

Why Franchises Are Worth Considering and How They Can Be Used To Build Weal

Chapter 2

7 Franchising Mistakes

  1. Not understanding the business/industry before getting started
  2. Not figuring out how much the franchise costs (What is the investment level?)
  3. Just because it’s hot doesn’t necessarily mean it’s good for you
  4. Thinking you’ll be rich in a year or two…
  5. Not securing funding
  6. Not talking to existing (or enough) franchisees
  7. Not making use of free experts

Check out my book on how I have helped people just like you find the right franchise

https://www.amazon.com/dp/B09WC963Q8

?

My latest article in The Franchise Journal Magazine

Are You Looking to Franchise Your Business

https://issuu.com/thefranchisejournal/docs/september_2022/38


MedSpa's

From the days of the early Egyptians who practiced skin rejuvenation techniques through milk and honey baths to a global industry that is projected to reach 26.7 billion dollars by 2026, consumers are laser focused on result-oriented self-care services. While the first med spa facility opened in the United States was established in the late 1990s, the industry has absolutely exploded as of late with huge advances in technology and expansion of services.

Today, the United States represents nearly 38% of the entire global med spa space with projected compound annual growth rates reaching 14.8% annually from 2020-2030. In 2021 there was an estimated 6.1 million cosmetic procedures in the US of which 5.4 million of the procedures were directly associated with minimally invasive surgeries.

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Schedule a call to learn more about the MedSpa's we have available in your area..?

Schedule A Call With Me

I was recently interviewed on the Yeukai Business Show which airs around the world.??Below is the link for the podcast.?

https://pod.co/yeukai-business-show/episode-452-greg-mohr-why-franchises-are-worth-considering-and-how-they-can-be-used-for-building-wealth

Would you like more information??Contact me today.

Schedule A Call With Me

How would you feel about having a completely passive business?

Never have to do billing and collections?

Never have to decide which marketing program to run?

No employee?concerns

Everything done for you

Learn more

Do you have a business that you want to turn into a franchise??Get started here:

Questionnaire

We do that and help you grow the franchise as well.?Ready to sell that franchise system??We do that as well.

Like podcasts??Check out all my podcasts on my YouTube channel:

Franchise Maven YouTube

Contact me today for more information on anything franchising.

-Greg

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