Acquisitions Anonymous - #1 for business buying, selling and operating Is the Smash My Trash Franchise Really Worth $2.9M? - Acquisitions Anonymous 311
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Jul 2, 2024 Heather Endresen and Mills Snell evaluate a $2.9M Smash My Trash franchise, discussing numbers, technology, and worth. They analyze challenges in acquiring a franchise, working with lenders, and valuing a business. Debates include route density, proprietary technology, and market viability for potential buyers.
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Trash Compaction's Industry Challenge
- Compacting trash reduces haul frequency, cutting fuel use and emissions but increases container weight.
- This strain can raise hauler costs and create conflict with dumpster owners over container wear.
Franchisees' Control Limits
- Franchisees have limited control and are bound by franchisor decisions like royalties and marketing fees.
- Franchise maturity affects franchisee autonomy and success potential significantly.
Leverage Lenders Experienced With Franchises
- Ask franchise sellers which lenders have experience with their franchise system before buying.
- Choose franchisors with preferred lenders familiar with their model for smoother financing.