We’ve been receiving quite a few requests for business valuations of personal service franchises, which includes names such as Massage Envy, Hand & Stone, and European Wax. Although they are 3 different franchises, they have much in common. Before we get to the “comps”, here are the primary areas that we analyze when valuing one […]
Part of the secret to success is finding the right location. When it comes to opening a business, the three most important decisions many franchise partners will make are “location, location and location.” With a signed franchise agreement, a pocket full of financing and a solid plan ready to go, waiting to get started for […]
CHD Expert North America and FRANdata Announce Partnership to integrate FRANdata’s franchise operator data into CHD Expert’s Easy2FIND platform This integration will link both individual and multi unit restaurant franchise owners with the chain locations they own, giving industry suppliers end-to-end visibility and access to 90,000 Franchisees nation wide. (Chicago, IL – March 15, 2017) […]
Salt Lake City, UT, November 14, 2016 – Celtic Bank is integrating FRANdata’s proven franchise scoring system (FUND Score) into their franchise portfolio management system. This integration ensures that both franchisees and franchisors who do business with Celtic Bank will benefit from franchise loans that are administered faster, are more transparent, and most importantly, adapted […]
When submitting loan packages to the SBA to obtain loan guarantee numbers, lenders need to determine if the loan meets affiliation standards. Franchise loans must meet both general borrower and franchise-specific affiliation tests. Most franchisors applied for and obtained franchise-specific eligibility approval. All a lender had to do was go to the SBA’s online pull-down […]