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If you need to raise finance for the business, we can help you to produce a business plan and we have established relationships with potential sources of business finance for our franchisees. In most cases 50% of the initial capital required can be arranged through business finance.
We have created a set of detailed franchise forecasts that cover the first 5 years of operations, and we will go through these with you during the recruitment meetings. Once established and with a multi van operation the business has the ability to generate a healthy profit. More information and projections are provided within our Franchise Prospectus.
These figures are presented as a guide only, they are not a guarantee of profit and should not be taken as such. We will share the financial information with you during the recruitment process and then you can discuss it with your financial advisors.
This means that you can continue to grow and develop your business on an ongoing basis and as the business grows the annual profits should increase as well.
Once the business is established if you want to sell it our franchise agreement contains a specific clause so that you can sell your franchise to a new franchisee at a price to be agreed between the parties.
Established franchisees have historically sold for quite significant amounts of money so (subject to the size and profitability) on the sale of your business you should achieve a very good return on your original investment in addition to the profits that the business generates for you as well.
Our franchise prospectus contains a wealth of information about the HeatElectric franchise.
Requesting a franchise prospectus is the best way to learn more about the franchise, followed by having a chat with a member of the team to learn more about you and your goals.
