Franchising your business alone is hard
Creating and filing mountains of legal documents. Creating promotional materials. Advertising to find interested leads. Making thousands of sales calls to qualify potential buyers and explain the benefits of your Franchise. Finding financing options to help buyers purchase. Helping identify prime locations. Closing sales with new Franchisees. Training new owners and brining them onboard with your business model.
Managing a Franchise is a much different role than managing your current business. Many business owners quickly realize this and decide that they don’t want the extra headaches…So they decide not to Franchise.
Skylight Franchise Group makes creating and managing a Franchise easy by partnering with your business. You bring the business model, we provide the expertise, management, and sales team to find buyers and expand the Franchise into new locations. You focus on running your existing business, we focus on running the Franchise side of things.
Do You Qualify To Franchise?
Skylight only partners with business owners that have an existing successful business with a business model that can easily be replicated and taught to new owners. Factors that we target:
- A history of successful business operations
- One or more existing locations
- $1 million or more in current revenue
- Approximately 30% profit margins
- Simple, easy to set up business model
- Low startup cost for new owners
If you have a high-quality business model that can be taught to others, then Franchising might be right for you. Learn more by downloading our presentation here.
The Challenge
Of franchising on your own
Many business owners enjoy running their own business. They have the experience and skills to succeed. But running a Franchise requires new skills that take time and energy away from your current business.
You will need to create and file new legal documents, promote the brand, find new potential buyers. Make sales calls and follow up calls. Close deals and work with Franchisees to start up and operate their business.
How We Help
The easy way to franchise
We have business strategists, managers, marketers, financial specialists, and sales teams ready to step in and grow your business.
- We find and screen buyers
- We make sales calls and follow up
- We assist buyers to get financing
- We help Franchisees grow the business
- We provide marketing services
- We focus on growing royalties
- We look for international expansion opportunities
How To Start
Get started with a one time cost of $227k to legally establish a franchise and new corporation to act as the Franchisor. Then we promote, sell, and oversee Franchise locations. You own 70% of the new Franchisor corporation. We retain 30% to manage the Franchise operations. You keep 100% of your existing business.
The legal process required to form the Franchise takes 4-6 months before any Franchise locations can legally be sold. Our experts will determine strategies, execute business plans, hire and manage employees and consultants to perform work for the Franchise. All salaries and fees will be paid from Franchise sales and Royalties earned. You are not required to contribute more than your initial fee.