Why shoud I use a Franchise Broker?

Using a franchise broker offers several advantages. Brokers have extensive knowledge of the franchising industry and can help you navigate the complexities, saving you time and effort in your search for the right franchise opportunity. They have access to a wide range of franchise options, allowing you to explore choices you may not have discovered on your own. Moreover, they can provide valuable insights, assist with due diligence, and negotiate favorable terms, all while typically not costing you anything since they are compensated by the franchisors. In short, a franchise broker can streamline your franchise search and increase your chances of finding the perfect fit for your entrepreneurial goals.

What are the financial requirements to open a franchise?

While there are some minimum requirements to open a franchise, over 80% of new franchise owners use some form of funding. Whether it's an SBA loan, a personal loan, tapping into your 401K, or money from an investor, there are various options available. At Eagle Eye Brokers, we work with trusted funding lenders who will help you understand your financial options and find the best solution for your needs.

How much investment is required to start a franchise?

The investment required varies significantly depending on the franchise you choose. You can start with an investment as low as $100K or invest multi-million dollars to open multiple franchises. On the lower end, you should have access to at least $50K in liquid cash and a net worth of at least $150K. Our team will guide you through understanding these requirements and help you prepare financially for your franchise journey.

Do I need prior business experience to own a franchise?

No prior business experience is required to own a franchise. Many franchises offer comprehensive training and support to help you succeed. At Eagle Eye Brokers, we match you with franchises that align with your skills and interests, ensuring you have the best chance for success.

What kind of support can I expect from the franchisor?

Franchisors typically provide a range of support services, including initial training, ongoing operational support, marketing assistance, and access to proprietary systems. Eagle Eye Brokers helps you understand the support offerings of each franchise, so you can choose one that meets your needs.

What are the risks involved in buying a franchise?

Like any business venture, buying a franchise comes with risks, including market competition, operational challenges, and financial commitments. Eagle Eye Brokers helps mitigate these risks by providing thorough research, expert advice, and ongoing support throughout your franchise journey.

How do I get started with Eagle Eye Brokers?

Getting started is easy! Contact us today to schedule your free consultation. We'll guide you through our proven process, from initial consultation to ongoing support, ensuring a smooth and successful franchise journey.