business-partners-working-together-in-franchise

buying a franchise

Pre-Purchase Review

Buying a business is one of the biggest decisions you are likely to make in your life. That's why it's so important to do your due diligence before you invest. We've helped over 260 prospective business owners review the financial side of the franchise they were looking to buy. Most of them went ahead, but quite a few didn’t. And the one’s that didn’t really appreciated our advice.

When you begin investigating the franchise you’re interested in, there are 2 questions you need to ask:

            Can I afford it?

           Will it give me the profit I need to live on?

If you don’t know the answers to these questions, you’ll be flying blind.

Our Pre-Purchase Review will help you answer these questions. 

what's involved

The Pre-Purchase Review is a report on the financial aspects of buying and running the business. It will:

  • Determine the level of sales you need to cover your costs and provide the income you need

  • Outline the estimated costs to run the business in its first year of operation

  • Include questions to consider as part of your ‘Franchise Due Diligence’

  • Help you determine if the franchise is a good match for your needs

We will prepare the review based on the information obtained from the franchisor.  If you are buying an existing business, we will use the information provided by the vendor. We will also ask about your living expenses, savings and investments, and how you intend to finance the business. This lets us understand your financial position and requirements. 

We’ve done many of these Reviews, so we know the steps to watch out for. Feel free to give us a call to chat through the process and find out more about it. Otherwise, simply click on the contact us button below, and we’ll get back in touch with you.

Fees:

  • $965 + gst