In New York and New Jersey car washes and gas stations represent popular options when it comes to evaluating and, potentially, purchasing a business. For good reason, over time, car washes and gas stations present excellent business opportunities with strong cash flow prospects. However, when it comes to your situation and whether or not buying a car wash or gas station is the right thing for you there are steps that you need to follow. That is just because a business was profitable for someone else doesn’t mean it will be for you and the success of your business venture will have a lot to do with (a) the purchase price you pay, (b) the assets that you acquire, (c) the due diligence investigation that you undertake, (e) the terms of your lease and many other factors.
A good starting point in better understanding and evaluating your gas station or car wash purchase is to order a “complimentary” copy of Mr. Internicola’s book, “An Entrepreneurs Guide to Buying a Business or Franchise“. Next take some time to review the following articles:
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Key strategies to accelerate franchise growth for startup and emerging franchisors In this webinar, franchise attorney Charles Internicola and Nick Powills, founder of No Limit Agency and 1851 Franchise, discuss key strategies to accelerate franchise growth through PR and digital media. Some topics include: Steps franchisors should take when it... read more
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