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Buying a franchise resale can be life-changing. You are stepping into a business that is already trading, often with customers, systems, and a track record you can review before you commit. That head start is a big advantage, but it can also lead buyers to move too quickly. The most expensive mistakes usually happen when someone falls in love with the idea and skips the detail. Here are the top seven mistakes to avoid when buying a franchise resale, so you can move forward with confidence. 1. Skipping due diligence A resale gives you real information. Use it. Do not rely on headlines or summary figures. Understand what the business actually does, how it operates, and what it will look like under your ownership. 2. Not digging into what is really being sold You are buying a particular business, in a particular territory, with specific assets, customers, and operating set-up. Confirm what is included in the sale and get it clear early, so there are no grey areas later on. 3. Ignoring the franchisor relationship If the franchisor support is weak, it can impact your results and your experience as an owner. Ask how support works in practice and speak to existing franchisees. 4. Overestimating profits Be cautious when you look at earnings, and focus on what is repeatable and sustainable. 5. Not securing proper financing and working capital Make sure you have enough working capital beyond the purchase price to operate comfortably. 6. Failing to get legal advice A franchise solicitor is essential to review agreements and protect your interests. 7. Buying without genuine fit Be honest about the job you are buying, not just the business. If it fits you, everything is easier. Final Thoughts A franchise resale can be a smart way into business ownership, but only if you treat it like the investment it is. Take your time, use the trading history, ask direct questions, and make sure the opportunity fits you as well as your finances. Avoid these seven mistakes and you will put yourself in a much stronger position from day one.