Understanding Fees and Costs When Using a Franchise Broker [Part 12 of 13]

Understanding Fees and Costs When Using a Franchise Broker

In this video, Beau and Amanda answer the question about how fees and costs generally work when working with a franchise broker.

Amanda explained that their services are free for the client, as their fees come from the franchisor's marketing budget.

They have contracts with over a thousand franchises and are paid by the franchisor once a deal is closed or a franchise is found for the client.

The cost to the client is the same whether they work independently or with a broker.

Amanda & Beau have collaborated on a training program for entrepreneurs who want to learn more about owning a franchise called Fran University (https://franuniversity.com). Go there to register for free training.

Timestamps
[00:20] The fees come from the franchisor's marketing budget
[00:26] Franchise Brokers Association has relationships with over a thousand brands and franchises
[00:40] If you are doing your own research or not, the franchisor has to pay once the deal closes
[00:53] The cost is the same whether you are working independently or with a broker
[00:57] Go to franuniversity.com to learn and succeed as a franchise owner

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

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About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

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