|
Use Your IRA/401K
to Fund Your Business
If you have retirement funds that you have not yet paid taxes on, you can access those funds to capitalize a business. You can then use those funds to buy a business, for any business expense, and to pay salary!
You are in control, you decide how much of your retirement funds you wish to use for the business. When working with a company that specializes in this funding option, and follows all of the IRS guidelines, you are able to buy a business Debt Free and Equity Rich (from the rollover of your IRA/401K funds). Additionally, you'll have a new 401K/Profit Sharing Plan that you can begin to contribute Tax Deferred.
Click here to learn more about using your retirement account and other funding options that are available.
| | |
Fun Facts 
| Starbucks was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's Pike Place Market.
Starbucks locations serve hot and cold drinks, whole-bean coffee, micro-ground instant coffee, espresso, caffe latte, full and loose-leaf teas, Evolution Fresh juices, Frappuccino beverages, La Boulange pastries, and snacks including items such as chips and crackers.
Starbucks is the world's largest coffeehouse chain and is currently in over 30,000 locations in 70 countries.
| |
|
The Fear Factor of Buying a Franchise
Author and Philosopher Bertrand Russell once said "To conquer fear is the beginning of wisdom."
Buying a franchise is one of the biggest decisions you will ever make, so feeling fear is not only normal, it is entirely appropriate to the situation.
Who has fear? Everyone! Fear prevents us (most of us, anyway) from jumping out of a moving car or going over a waterfall in a barrel. Fear helps us make choices that are less likely to endanger our lives. Fear also prevents us from gambling our life's savings on a horse race or marrying someone we've known only a few days. However, when we feel we have enough information about a subject, we can often get over fear and do things that were beyond our comfort zone. If you are one of those people who has done your homework and found the franchise opportunity you've always dreamed of but can't seem to commit to a decision, then the final doubts you have are probably about your own abilities rather than the franchise itself. This is where a qualified franchise consultant can help you. By assessing your interests, skills and experience, a consultant can guide you to a decision where risks are at an acceptable level and the benefits, while not certain, are well worth the effort. The only problem with fear is when you allow it to stop you from doing something you know will make a positive difference in your life. Don't let fear stop you from reaching your goals!
| | |
|
Buyer Checklist
| |
| |
1. Work with a consultant, he/she already knows the answers to most of your questions.
2. Take your time.
3. Identify your financial goals.
4. Understand your marketplace.
5. Compare several franchise options.
6. Attend the Discovery Day.
7.Validate information with current franchisees.
8. Consult with a franchise attorney prior to signing any documents.
9. Begin your journey as a successful business owner.
|
|
Did you know...
|  |
One out of every 12 businesses operating today is a franchise.
What are some of the benefits to owning a franchise?
1. It's an established, successful brand.
2. There are proven operating systems in place.
3. Volume purchasing power.
4. Shared experience with other franchisees.
5. Formalized training and marketing programs to help ensure your success.
|
|
|
SEPTEMBER 2020 NEWSLETTER
|
We've helped many aspiring business owners, just like yourself, realize their entrepreneurial dreams by matching them with their ideal Business or Franchise Opportunity. If you're ready to take control of your future but need expert assistance finding just the right business, we can help.
You are never charged a fee for our services. |
This Month's
Featured Franchise Category
Coffee Shops
|
|
Beard Papa's 
Cash Needed: $50K-$100K
Total Investment: $150K-$420K
Current Locations: 404
Beard Papa's started as a small bakery in Osaka, Japan in 1999. People in the town couldn't resist the aroma from the bakery, or the kind face of the owner, Yuji Hirota. His fluffy white beard was so renowned that he became known as "Beard Papa" to all of his regular customers.
Beard Papa's is known for their signature cream puffs, attracting dessert lovers everywhere. Their puff pastry shell is baked daily at their stores, and is made of two layers: a traditional French choux pastry inner shell and a pie crust-inspired outer shell. Coupled with their masterful "hand-knead style" technique, creating a unique, flaky, and delicious puff pastry shell. Customers can choose from a variety of puff shells with their favorite custard flavor.
Beard Papa's is dedicated to delivering high-quality pastries at a reasonable cost. At every location around the world, their customers watch as their cream puffs are filled-to-order with their favorite custard. This operation results in not only the freshest, flakiest, and most delicious cream puffs, but also produces Beard Papa's unique "eater-tainment" operations process, which appeals to all five senses of their customers.
Beard Papa's has established a large fan base that has stayed loyal from the very beginning. They believe their success comes from their commitment to high quality ingredients and superior products that appeal to not only sweets fans, but also epicureans in general.
Becoming a Beard Papa's franchisee is a unique opportunity to invest in a culinary business. All franchisees will have access to their brand name, brand integrity, operational support, and marketing to go with a wide variety of their delicious products.
|
Eight Turn Crepe 
Cash Needed: $50K
Total Investment: $150K-$300K
Current Locations: 2
The name 'Eight Turn' comes from the deep, asian reverence and respect for the number eight. The number EIGHT (8) (八 ) (hachi) in Japanese signifies happiness and prosperity. It is also symbolic of the concept of infinity - Happiness and Prosperity Forever.
The word 'Turn' doesn't just reflect the beautiful way that their crepes are designed. It also comes from a mindset of changing the paradigm and emerging into a new, healthy and happy reality.
Eight Turn Crepe opened its doors in New York's Soho neighborhood in 2013. Founded by Hiro Ninisha , a Japanese hospitality expert who has lived in New York City for the last two decades. Hiro's vision was to bring a Japanese product to America and introduce a scalable business which focuses on superior customer service, presentation and quality.
Eight Turn Crepe serves made-to-order crepes rolled in the traditional Japanese cone-style. Their gluten-free batter crepes are filled with fresh, unique ingredients and then artfully rolled so that they can be eaten with one hand. Prepared sweet or savory, their crepes can be eaten for breakfast, lunch, dinner, and dessert. With more than 40 crepe menu items, coffee, drinks and gelato offerings, Eight Turn Crepe is on the verge of becoming a force to be reckoned within the fast casual restaurant industry.
Eight Turn Crepe is looking for franchisees with a passion for incredible food and want to invest in an emerging concept poised to redefine the crepe industry in the rapidly growing Japanese fast casual category. Preferred franchisees will have experience owning and operating multiple franchise units in a territory, or be qualified investors who want to join a growing franchise.
For more information, Click here
|
Maui Wowi Hawaiian Coffees 
Cash Needed: $50K
Total Investment: $70K
Current Locations: 450
Founded in 1982 by Jeff & Jill Summerhays, Maui Wowi was built to provide their 'ohana (family) with a healthy alternative to the sugary and fat-laden foods that seemed to be everywhere. Just as passionate, the Summerhayses wanted to create a business model that was fun, flexible, and mobile so they could bring their all-natural, fresh fruit smoothies anywhere they felt like traveling.
Maui Wowi offers a simple, fun, and flexible business model that entrepreneurs can start with one location and scale up to multiple locations. With one franchise fee, an owner gets the rights to open multiple locations ranging from a mobile cart, trailer or four wall kiosk to a stand alone, drive-thru or storefront.
It's About Quality of Life. As a Maui Wowi business owner, you can run the show yourself or you can manage the managers. You have the option of working full-time, part-time, when & where you want, build the business fast or slow, and enjoy what's important in your life.
|
The Donut Experiment 
Cash Needed: $100K
Total Investment: $275K-$300K
Current Locations: 9
The Donut Experiment began life in 2012 as Anna Maria Donuts in Anna Maria, FL. The original mad scientists are the husband-and-wife team of Shawn and Cecilia Wampole. Hailing from the Philadelphia area of Pennsylvania, the couple was surprised to find that there was not a donut shop on Anna Maria Island when they vacationed there. What originally started out as a joke about opening a donut shop, eventually led to, after some number crunching and careful planning, the couple quitting their jobs, selling their house and moving to Florida.
 Shawn and Cecilia always liked boutique-style donut shops and wanted their shop to be more of an experience. So they decided to create a shop where the donuts were made right in front of the customers, and the customers were able to decide what THEY wanted on THEIR donuts. Much to the couple's surprise and pleasure, both the residents and visitors of Anna Maria Island embraced their concept and helped them to become one of the most popular restaurants on Anna Maria Island.
Following in the wake of their local success, Shawn and Cecilia have decided to try and bring their concept to a larger audience. Hence, The Donut Experiment was born. The new name represents both the work that is done in the shop and the fact that the couple's journey has been their own "donut experiment." They are actively searching for like-minded people who want to become a part of the Donut Experiment team and open their own location.
The Donut Experiment is a franchise model that stands apart from any other of its kind with its boutique-style donuts are made to order and customers can get creative with their donut creation. While founded and proven in Florida, The Donut Experiment is poised to expand throughout the U.S..
|
Xpresso Delight 
Cash Needed: $100K
Total Investment: $100K-$115K
Current Locations: 201
Founded in 2003, Xpresso Delight specializes in providing coffee systems and their exclusive proprietary premium blend of coffee to the high-end corporate market in Australia, New Zealand and the United States. Since 2004, their franchisees install high-end coffee systems into offices, service the machines on a weekly basis, and charge a per cup rate on a recurring basis.
With new CDC Guidelines for workplaces issued in the age of COVID, Xpresso Delight is uniquely positioned to grow quickly. No longer simply a luxury amenity for offices, Xpresso Delight is a one-touch system that is much safer and more sanitary than the majority of office coffee systems.
Why Coffee?  - The office espresso coffee market is a booming industry
- A lack of a quality coffee service directly in the workplace
- Proven demand for the product
- Unlimited potential in a new untapped market
Why Xpresso Delight?  - Multiple revenue streams including passive
- Stunningly simple concept
- Professional training and support
- No large overheads - work from home
- No employees
- Minimal inventory
- Start in as little as two weeks
- Initial client acquisition program to start with momentum
- Very strong brand and franchise systems developed over 10 years
The Xpresso Delight Ideal Franchisee:
- No experience necessary
- Passion for coffee is a bonus
- Customer service focused
- Sales and results orientated
- Passionate, enthusiastic and driven
- Entrepreneurial
- Leadership skills
|
Franchise Resales
Fastest Labs - Addison, TX
Asking Price: $200,000 2019 Revenues: $160,213
Mr. Appliance - Green Bay, WI
Asking Price: $79,000 2019 Revenues: $173,298
Express Employment Professionals - Braintree, MA
Asking Price: $385,000 2019 Revenues: $3,271,587
Molly Maid - Reno Sparks, NV
Asking Price: $805,000 2019 Revenues: $1,695,175
For more information on these franchise resales and others in your area, Click here |
What is an Area Representative or Master Franchise?
Some franchises have opportunities known as Area Representative or Master Franchise. An Area Representative Franchise involves the development of a geographic region that can be as small as a single city or as large as an entire state; while a Master Franchise is normally reserved for the development of an entire country. You purchase the right to develop a designated area and share in the franchise fees and royalties with the franchisor. You work closely with commercial real estate agents, business brokers and consultants in the development of your area. The investment needed to secure an Area Representative or Master Franchise opportunity can start as low as $150K depending the franchise, size of the population and the geographic area.
|
|
|
If you would like to learn more about this month's Featured Business Opportunities or have questions about business ownership, you may contact me directly by calling the number below.
Sincerely,
Dave Struck
Dave Struck
Founder/Consultant
Quest Franchise Advisory Group
Direct: 770-910-7767
[email protected]
www.questfran.com
We hope you find our newsletters informative and invite your suggestions and comments by emailing [email protected]
Our Business Is Helping You Find The Right Business
  
|
|
|
