Now the dust has settled on the one-of-a-kind FaMBO (franchisee-assisted MBO) which took place in 2014, what’s been the effect of the ground-breaking deal?
Has there been an impact on attracting new franchisees to the business?
“Without a doubt,” Sandall says. “The opportunity to not only join a successful franchise network, but also to have a stake in the business is proving very appealing. The number of leads has increased significantly in the second half of the year and our October course was the largest of the year with six new franchisees and a resale."
“The message is clearly getting out judging by the number of prospects who enquire about the buyout and the investment opportunity on Discovery Days.”
Read Karl Sandall's full interview with the British Franchise Association here
