Why should I franchise my business?

Franchising a business offers many benefits. By joining The Local Guys, you have the opportunity to grow your business to a national scale. Franchise partners will be buying into your business, as opposed to you employing them. This means a higher standard of work, as franchise partners are wanting to grow and take pride in their business.

Can I still run my own business?

Yes! We encourage you to still run your own business in the background. However, this will need to be rebranded to The Local Guys group.

How do I earn money as a Divisional Franchise Partner?

Divisional Franchise Partners can earn money by onboarding, training and supporting Regional and Unit Franchise Partners. For every Franchise Partner you onboard, you will receive a large upfront sum. Additionally, you will also receive ongoing royalties for supporting them. You can also earn an income from your own services and clients.

I don’t know anything about franchising, can you help?

Of course! Through our experiences, we have been on both ends of the spectrum as franchisees ourselves, as well as franchisors. We understand every aspect of franchising and will pass this knowledge onto you.

Do you help find new franchise partners?

Similar to finding clients, we utilise Google Adwords and search engine optimisation to build our site traffic. In addition to these, we also advertise on Seek and other franchising sites to target those who are interested in a career change or to start their own business.

Do you help train and onboard new franchise partners?

One of the main benefits of joining a franchise is to receive ongoing support. Here at The Local Guys, you can contact us anytime during business hours to gain assistance on the onboarding process. We are there with you throughout the process. We also have our online training platform for additional assistance.

How long does the process take?

As you are franchising your existing business under The Local Guys brand, the onboarding process is dependent on the division. However, it is likely it will take between 6-8 weeks.

Do you help with marketing and sales to find clients?

Through Google Adwords and targeted search engine optimisation, we build up the traffic to our website, which ultimately brings in more clients. We also utilise the marketing fund to create targeted advertisements for your territory and surrounding suburbs. In addition to the ongoing leads you will receive from the Support Centre, you will also receive the Local Area Marketing Plan during your marketing training, which has been designed to assist you in finding your own clients.

I have heard it costs $150,000 or more to start a franchise. How much will it cost?

Yes, it can cost a lot of money to franchise your business with your own brand. Typically it will cost between $55,000 – $150,000. However with the local guys it costs only $25,000 ex. gst plus training.

Franchise for Sale Mildura

How Do I Buy a Franchise for Sale Mildura

Whether it’s a new or old franchise business you’re buying, the opportunity to earn extra from your own business is always appealing. With business, you can set your own schedule, reap big financial rewards, and ultimately be your own boss. However, when you look further into becoming a business owner, there are also some downsides such as financial risks, uncertainty, and lack of guidance.

We understand that you’ve probably felt the hesitation and maybe it has caused you to look for an already existing franchise for sale. The idea of a ready-to-go business as opposed to a franchise is that you simply step onto the choice of the owner. You buy the business as a whole and run it using the already-established and proven business processes. Whether it is a new or existing franchise for sale in Mildura that you’re buying, you can be a success by following some guidelines. If you are afraid to take a risk, we have run down the different questions you can ask when you’re franchising an existing business.

- Why is the franchise for sale?
  One of the first few things you should know is the reason why the business is for sale. This could be your deciding factor or a guiding factor when creating your marketing strategy. Is the franchise life not what they expected? Has the relationship between the franchisee and the franchisor soured? The reasons for the sale could reveal many red flags.

- How much money do I need to buy into a franchise for resale?
  Every franchise will have a different buy-in amount depending on the status of the business. Most franchisees with high-value products and services would usually demand more due to their booming business. But franchises that are about to close are usually sold at low costs, as owners try to cash out the capital. Salvaging a sinking franchise can be a win-win situation. If you have a good work plan, you may still come out successful. For example, you can buy a franchise at a very low amount with the plan of rebranding it. You need to weigh up the advantages and disadvantages. If there are more benefits than cons, there is a higher chance that you will succeed.

- What is the reputation of the franchise unit?
  Not all franchises that are for sale are sinking. Some franchises are put up for sale because the owner is relocating, does not have enough time to handle the franchise, or has departed. Either way, it is good to look at the reputation of the franchise. A strong reputation means potential profitability. For example, if the franchise has tons of good reviews, and goodwill, and is well-known, you as the new owner will have the leverage of stepping into an already-successful franchise.

What is the franchise’s average revenue?
Of course, the most important thing you should know is the franchise’s average revenue. Numbers speak volumes, hence knowing where you would be starting from revenue-wise is a crucial detail. As an aspiring business owner, you should be more than happy to have a look at their books and review expenditures and revenue.

Although some companies don’t usually share their confidential financial information, most franchises are willing to give you a glimpse of their revenue information. That way, you will have an idea of what you’re stepping into. One of the biggest advantages of buying a franchise is that you don’t have to start from scratch. While it gives you little control in terms of marketing and advertising, it provides a lot of profit potential.

We Have Franchise Opportunities In
Every Australian State!

With franchises across Australia, we have opportunities available to Franchise Partners across the country! If you’re looking for a new and exciting business venture with the support of a national company, you’re in the right place. Learn more about our Franchise Opportunities or get in touch to learn more today

How Do I Buy a Franchise for Sale Mildura