For those in the franchise world who have acquired existing franchise locations:
How have you approached verifying the target location's financials?
Did you have a QoE, QoE lite, or other 3rd party report created?
Did you perform the financial due diligence yourself - if so, how did you approach it?
Did you find a method to verify any of their expenses OR did you just spot check with existing FDD data etc.?
Thank you in advance for all of your help!
Franchise Acquisitions - Verifying Financials
by a searcher from The University of Texas at Austin - Red McCombs School of Business
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