Question added to topic Franchises •
August 14, 2007
What should I pay to own an existing fast food frachise?
When buying an existing business, it is typical to pay a multiple of the cash flow being produced by the business as the purchase price. You can refer to a number of articles I've written that are archived at Entrepreneur.com for much more detail on this subject.
When buying an existing business, it is typical to pay a multiple of the cash flow being produced by the business as the purchase price. You can refer to a number of articles I've written that are archived at Entrepreneur.com for much more detail on this subject.
Jeff Elgin has almost 20 years of experience franchising, both as a franchisee and a senior franchise company executive. He's currently the CEO of FranChoice Inc., a company that provides free consulting to consumers looking for a franchise that best meets their needs.
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