Does anyone have experience evaluating NEW franchise concepts?
February 25, 2023
by a searcher from University of Florida - Warrington College of Business Administration in Fort Lauderdale, FL, USA
I'm very curious to her people's perspective of buying an existing portfolio of franchise businesses (ie 5 existing UPS locations) vs building out 5 locations of a new franchise concepts. Any insight highlighting the best way to find a list of top franchise concepts would be appreciated.
from Drexel University in Long Island, New York, USA
I've spent a lot of time exploring and doing due diligence emerging brands. Not QSRs, though, if that's what you're specifically looking at (although I imagine a lot of the DD would be the same).
I grew up around a family business that was a large retail chain and it's somewhat in the blood, so that has also certainly helped with framing many of the opportunities. Would be happy to discuss.
from Columbia University in New York, NY, USA
Not sure how great they would be on new concepts, but they may give you insight into some of the niches.