- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$68K - $113K
- Units as of 2022
28 2,700.0% over 3 years
Founded in 2010, Website Closers is an online business broker that typically follows virtual businesses and companies. Website Closers is headquartered in Orlando, Florida. It was founded by Jason Guerrettaz.
Website Closers seek to provide a space to meet potential buyers who want to sell an online business. Essentially, Website Closers acts as a middleman for these interactions.
Website Closers began franchising in 2020 and is actively seeking to expand its reach across the United States.
Why You May Want to Start a Website Closers Franchise
If you like learning through experience and creating meaningful connections with others, opening a Website Closers franchise could be a good decision for you. Good communication skills will be necessary, as speaking with business owners and potential buyers is a big part of your role as a franchisee working with Website Closers.
Website Closers franchisee training consists of a multi-day program called Website Closers University, which teaches the ins and outs of closing deals with the company. Therefore, franchisees should also have a good work ethic and be ready to learn about working with Website Closers.
Website Closers offers exclusive territories, which could mean that your franchise is safe from losing business to other Website Closers franchises. The presence of exclusive territories may make opening a Website Closers franchise an attractive option.
What Might Make a Website Closers Franchise a Good Choice?
At Website Closers, franchisees may be provided with a support system to connect sellers and buyers. Website Closers works to give their franchisees freedom and creative space while also providing necessary assistance through an advisory council composed of trained experts at Website Closers. This is meant to make franchisees feel independent yet secure as they work with Website Closers.
To be part of the Website Closers team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty fees. Franchisees will also need to meet the company’s set net worth requirements.
You may be able to run your Website Closers franchise as a home-based unit, potentially lessening the costs of the overhead and allowing you to run your franchise as you see fit.
How To Open a Website Closers Franchise
If you are interested in working with Website Closers, make sure you have the complete picture. Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. You may want to speak to existing franchisees and ask the Website Closers franchising team questions as part of your due diligence.
If awarded a franchise, franchisees may receive an extensive amount of classroom training. They will also receive several hours of on-the-job training and online support.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Website Closers franchise.
About Website Closers
- Business Services
- Related Categories
- Business Brokerages
- Parent Company
- Websites Closers Franchise Co. LLC
- Jason Guerrettaz, Executive Director
- Corporate Address
550 N. Reo St., #300
Tampa, FL 33609
- Franchising Since
- 2020 (2023-2020 years)
- # of Units
- 28 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Website Closers franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $67,700 - $112,600
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Term of Agreement
- 5 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 8 hours
- Classroom Training
- 120 hours
- Ongoing Support
Additional details about running this franchise.
- Is absentee ownership allowed?
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Website Closers? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Website Closers landed on this year's Franchise 500 Ranking versus previous years.
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