Welcome to the 2nd installment in this 2 part series on Franchise Resales. In the first episode, we heard from Glenn Vanderploeg, a former franchisee who sold his franchise business. We heard about his experience from the seller's side of the fence and some sage advice that he had to offer on the topic.
In this episode, we hear from Jay and Kelsey Stewart, franchisees who purchased an established franchise. They talk about their experience from the acquisition side of things, right from day one of the process all the way through its completion. With a healthy dose of enthusiasm, they explain how they first learned about the opportunity, how they arrived at a final price for the business, and what they found out after taking the reigns on an established business with hundreds of clients and tons of repeat business.
If you are someone who is looking to buy or sell your business perhaps now or one day in the future, we hope you enjoy these two episodes and can glean some info to apply to your own unique situation. Cheers!