Raising Capital for additional franchise locations

by a searcher from Brigham Young University

1 year ago

I recently opened 6 salon locations in Utah (2) and North Carolina (4). They are picking up and doing well. I want to open additional locations, but I am out of money. I am looking into SBA financing for a "Flagship" location in North Carolina, but I do not think SBA would be ideal for the smaller locations we open.

I think private debt would be the best route for us to take as we try to expand to new locations. Do you have experience raising private debt? Where should I start?

Thanks!

2 likes
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24 comments

searcher from Vanderbilt University

👉Check out this event in NYC dedicated to connecting searchers to franchising: https://lu.ma/search-franchising

1 week ago | like reply | 0 likes

searcher from Brigham Young University

Hey Riggs, I'll reach out to you -- I want to get more info! Thanks

6 months ago | like reply | 0 likes

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