Franchising.com | February 2016
Rapidly Expanding Business Brokerage Firm Assists Franchisors and Their Exiting Franchisees with Structured Franchise Resale Program
CLEARWATER, Fla. – Murphy Business & Financial Corporation LLC, one of the largest business brokerage firms in the nation, today announced plans to showcase and discuss its franchise resale program at the 2016 International Franchise Association Convention, which is taking place at the Henry B. Gonzalez Convention Center in San Antonio from Feb. 20 – Feb. 23.
Created with the intention of supporting franchise development teams throughout the U.S. and Canada, the structured program enables exiting franchisees to resell their franchise with the support and guidance of Murphy Business’ experienced broker network.
"As a franchisor, I understand that a healthy franchise system is one that is constantly selling new franchise units and bringing in fresh energy and new faces." said Roger Murphy, president and CEO of Clearwater, Florida-based Murphy Business & Financial Corporation LLC. "Like any business, franchisees will eventually desire to exit their business due to retirement or some other life changing event. It’s important to consider the support you have for exiting franchisees as well.”
The Murphy Business & Financial Corporation LLC Franchise Resale Program takes the onus off of franchisors by allowing them to focus on selling new units, rather than reselling existing units. Through the program, each franchisor is assigned a seasoned professional to be the point person for all matters concerning franchise transfer processes. Franchisors are also relieved of the liability of going through the sales negotiation and business valuation process, as these transactions are, in some states, heavily regulated under real estate or business brokerage laws.
“There is more value in having a franchise resale program that transcends offering assistance for exiting franchisees,” said Murphy. “A structured franchise resale program also adds value to the recruiting process by showing candidates that the franchisor is not only interested in bringing them into the system, but also supporting them when they are ready to exit the system. For today’s franchise developments teams, this is an invaluable asset to offer.”
For more information about Murphy Business Financial Corporation LLC and its franchise resale program, please visit: www.MurphyFranchiseResale.com.
About Murphy Business & Financial Corporation
Clearwater, Florida-based Murphy Business & Financial Corporation LLC is a full-service business brokerage firm facilitating business sales, purchases, consulting, valuations, mergers and acquisitions. Closing deals at a higher ratio than the business brokerage industry average, several accolades have been bestowed upon the company including Top 50 Franchisee Satisfaction Award-Winner 9 consecutive years according to Franchise Business Review.