POSHVICE

June 18, 2008

How To Find Franchise Opportunities

I love being self-employed, and from time to time I’ve fantasized about either opening my own store or getting a franchise of some cool, underrated chain (Three Dog Bakery, hello), but I never really knew where to look for information about these kinds of opportunities.

Enter Franchise Gator, a website with a totally weird name but a very useful purpose. Essentially, it lets you browse available franchises by location, the amount of liquid capital you need, and industry/sub-industry. Very cool.

For example, I’m looking through Ohio listings right now, and some tech place called NERD FORCE! is looking for franchisers. It would be better if it was Nerd Herd, though, right (Chuck needs to come back with its new season already)?

Baskin-Robbins also needs franchisers… and I sorely hope someone with $100,000 in liquid capital will jump on this, because Columbus sorely needs one! Seriously, I don’t know of any Baskin-Robbins in this state, even. It sucks.

For the record, the cheapest franchises looking for Ohioans are vending machine companies at around $9,000 required LC; the most expensive is something called Austin Grill, needing $500,000. I’m so amused by looking through these listings for some reason!

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