There are many advantages of either buying an existing business or new franchise versus starting a business from ground zero. Though there are many advantages, buyers must weigh both the positives and negatives of both Cleveland business for sale options.

Existing Businesses

Advantages of Buying an Existing Business The business is already up and running Risk and uncertainty may be reduced The basic infrastructure is in place:    Established location    Existing customers and reputation    Employees    Vendors    Policies and procedures    Cash flow    No start-up period – quicker profitability    Easier to obtain financing

Disadvantages of Buying an Existing Business Tangible limitations:    Design problems    Location problems    Merchandise problems Intangible limitations:    Customer or employee ill will    Pricing problems    Inadequate procedures    Lease problems Potentially higher costs to buy Legal liability in inheriting lawsuits

New Franchises

Advantages of Buying a New Franchise Reduced risk of failure Proven methods and products Start-up assistance On-going training and support Local, regional and national advertising Collective purchasing power Research and development Association and synergy with other franchisees Easier to obtain financing

Disadvantages of Buying a New Franchise Costs more (fees, royalties, supplies) Smaller profit margins Lack of independence and freedom Difficult to achieve redress if franchisor fails to meet obligations A franchisor’s problem may become your problem

About Us

Confidential Business Sale, Inc. specializes in business for sale Cleveland opportunities. Located in Independence, Ohio, we help companies and individuals in the process of buying a business and selling a business.

Our company brokers manufacturing business for sale, distributor for sale, service business for sale, retail business for sale, restaurant for sale, and franchise for sale opportunities.

We have a large inventory of business for sale Cleveland opportunities available. Contact our Cleveland business brokers to meet with one of our intermediaries to help find you a business.