Successful resales depend on all parties being happy - seller, purchaser and franchisor. Franchise Resales prides it's self in delivering success for all concerned. The following is a selection of the feedback we have received.
We met Derrick in August 2011 and were impressed with his understanding both of the franchisors business and the people involved at head office. He explained how Franchise Resales try to manage all the parties involved in a transparent way and this openness and clarity was something that ensured our eventual sale went through.
From signing up in August and working with Franchise Resales to prepare the documentation and advertising we had two prospects almost immediately with our eventual purchaser being introduced in March this year. The process moved swiftly and smoothly. Franchise Resales organised the approval process for him, managed the negotiations process between us, assisted him with his funding and introduced solicitors to both he and us to sort out the legal process.
From meeting our purchaser to moving out of the business took only three months and the whole sale from signing up with Franchise Resales to completion was just 10 months. We are very happy with the way the process was handled by Franchise Resales and would not hesitate to recommend their services to any franchisee wishing to sell. We didn’t even mind paying their fee – the service was worth it. D&A B - Leicestershire
Although I've owned my own business before I had never purchased a business. What was the process? Where should I start?
Eventually we found the business we were really interested in. Once we made the decision to go for a franchise our research led us to the Franchise Resales website. Franchise Resales were extremely helpful with offering advice on the general process, but without pushing in any way - leaving us to make an informed decision.
At all times Derrick was available to answer any of the seemingly stupid questions - reassuring us that they weren't stupid, that anyone purchasing a business tends to have the same questions. It was also great to know that at the times when I didn't want 'the perfect answer' from the franchisor, I could check that I was actually getting the 'real answer' from Derrick. Their professionalism and knowledge make them well worth talking to, we highly recommend them. CC & JB - Catterick
I cannot praise Gordon highly enough. Selling your business is very emotional and the most stressful thing I have ever done. I made many a call to Gordon and he continued to answer the phone and be honest and reasonable in his advice, no matter how tough things got or how emotional I got! In short, the service was highly professional, a good number of potential and serious buyers came to view the business and once an offer was accepted, Gordon maintained a hand in the progression towards sale, communicating with the various parties involved as necessary. I have absolutely no complaints with the service I received and would recommend Franchise resale and Gordon to anyone. Gordon earned the fee paid on completion more than any other party involved! NC - Birmingham
May I please on behalf of the Community extend our most sincere gratitude at the presentation that you delivered. It was a outstanding presentation, well received, pitched at absolutely the right level... and I felt extremely proud to be associated with you and Iain.Thank you, thank you, and thank you. SJ - Kensington
Thank you for your role in the sale of our Franchise. The service was efficient and helpful throughout. I would be happy to recommend Franchise Resales to anyone wishing to sell their franchise business. Very best wishes for the future. CF - Darlington
I have known and worked with Derrick for about 20 years, and therefore, when I knew he was offering a resale process for franchisees, he was the obvious choice. At Auditel, we currently do not have the capacity to manage any resales, so we have engaged Derrick to handle any resales that come up. Knowing how he works, with the benefit of years in the franchise industry, and knowing how solid and robust his procedures are, I am confident that any resale opportunities we pass to Derrick will be handled effectively and efficiently. I look forward to continuing to work with him. JT - Winchester
Just a quick note to say thanks for all your help and support during the successful sale of my business. I found the process fairly simple to understand which is exactly what you need during a stressful time. One of the main things that stood out was your background knowledge of franchising and the pulling together of all the various parties. I have also spoken to the buyer and he is totally pleased with the way the sale was handled in a most professional manner. I would have no hesitation in recommending your services to other potential sellers. Once again thanks. DJ - Fyfe
On behalf of the Ismaili Council for the United Kingdom and the Aga khan Economic Planning Board we would like to extend our appreciation for your support during our recent event on franchising, Ignite The Spark 3. One of our key objectives, for the entrepreneurs, was to raise awareness of the advantages and pitfalls when entering the world of franchising. The feedback we have received from the audience has been outstanding, particularly with the broad spectrum of topics covered. Giving up of one's time, knowledge and experience for the betterment of others is central to the voluntary ethos of our community and your contribution on the day helped us achieve this. Additionally, we hope that you found the day pleasurable and our facilities lived up to your expectations. We hope to see you at our future "Ignite The Spark" events. LH & AKEPB - Kensington
During the course of the sale the vendor incurs a lot of expenses. Some of them, though unavoidable, are ones you resent having to pay. Others represent real value for money. Your account is foremost in the latter group. Your unfailing enthusiasm and application and your ability to lubricate the often squeaky wheels of the process have sustained me. Without you, we would never have got there. You have my thanks, admiration and best wishes. RJ – Crawley
Thank you Derrick, some franchisees still ring me for advice and I tell them to call you as I would say it is the best way to sell your business if you are serious, in my opinion it kept myself very much at an arms length from it all and didn't allow any emotion to dilute the process you kept a professional edge throughout. GP - Grimsby
Franchise Resales dealt with my franchise resale professionally and with integrity. Derrick's industry knowledge is invaluable and a great asset. FG - Bath