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Choice Corporation
provides
knowledgeable analysis of the
Franchise Agreement, Lease, and "Recasts" your Business
profitability to give an accurate position of profitability to the buyer.
(We understand that private businesses show little or no profitability on
their statements). We help to arrive at a "normalized" cash flow
showing a new buyer what they might expect to earn |
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Package the
information
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Find
the buyer—as quietly or as comprehensively as you require
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Negotiate
a deal with which you are happy
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Thorough
knowledge of the current market value |
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Solid
reputation with Franchise companies |
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Our
extensive knowledge of Ontario’s Franchise Disclosure
Legislation |
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Comprehensive
understanding of the Franchise industry |
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Knowledge
of Franchisor preferences |
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Efficiency
in qualifying Purchasers
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At
the end of the day, your buyer must be approved by the Franchisor or your
sale transaction can’t proceed. We require every prospective purchaser to
complete a Franchise Application, prior to entering into negotiations
for your business. You don’t want you to waste your time or miss other
opportunities by dealing with an applicant who has little chance of being
approved as a new Franchisee |
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Equally
important is understanding and explaining the Franchisor's position around
the lease and the duration of Franchise Agreement. We know the history of
the system and the locations |
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Our
mission includes helping your buyer obtain any necessary financing |
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We
assist the buyer in preparing for their Franchisor interview(s) and also with
their Business Plan. |