The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Hit and run with a master franchiser contract. Genius or idiotic?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Kokaka

Contributor
Read Millionaire Fastlane
Aug 9, 2019
132
80
64
Hi all.
So as some of you know, Im in the beauty clinic industry and have 2 business at the moment. 1 business that sell machines to theese clinics, working on creating a brand and 1 business that is a Beauty Clinic which I aim to first make to a chain of clinics and later franchise.
Been looking at business for sale today and a Master Franchise contract for a franchise with clinics came up. Currently, they have 5 clinics in my country.
This got me thinking of making a "Hit and run tactic". Buy the master franchise contract, sell 5-10 machines with for a very good to the franchise takers from my machine business and as such, increase the strenght of my own brand.
Maybe open 1-2 more clinics and the sell the business for a profit.
Will probably stay 1-2 year because my focus is to make my own franchise of clinics and this experience will teach me alot and hopefully make a good profit.
Problem is. There is probably alot of pitfalls and Im afraid of expanding too fast. Will aim to open my second clinic late autumn or early winter.
Anyone has some experience to share of similar deals or any input would be great.
Thanks
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Sponsored Offers

MARKETPLACE 7 Days To Freedom: From Wantrepreneur/Wage Slave To Freelancer
I attended the live session, really loved it! It gives some useful and practical tips on how to...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Three things: 1. Discord Chat is open. Click here for free access. 2. New YouTube Channel...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Its for students who have joined. Did you sign up? Hey Rob, been watching your infoproduct and...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
If there’s one thread I see repeated over and over again on the forum, it goes like this: “I...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Thanks for clearing that up. What do you recommend for those who are still in the process of...



Forum Sponsor

Over 100 Fastlane Students
More Details...

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom