The Time Is Now to Become A Franchisee Under Historically Good Terms
It is finally a tenant's market, and prospective franchisees are making unusually good deals this year -- but it won't last forever.
With uncertainty surrounding the restaurant industry, some entrepreneurs may feel tempted to take a “wait and see” approach before investing in a franchise. However, the current real estate market – which favors tenants for the first time in a decade — is creating unprecedented opportunities for restaurant franchisees to buy low and sell high.
An abundance of prime retail space, low interest rates, readily available financing, and opportunities for low-cost conversions mean that franchisees can expect an immediate return on their investment. This window of opportunity won’t last forever, so entrepreneurs should plant the seed now to plan for future growth.
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