Franchise

We are primarily compensated by Franchiser/Brand when we recruit new Franchise Owners for them. We don’t require long-term contracts & believe in results-driven partnership structures.

The purpose of the Franchise Disclosure Document (FDD) is to provide prospective franchisees with information about the franchisor, the franchise system and the agreements they will need to sign so that they can make an informed decision. It carries information about the brand’s history, legal structure, current and past financial performances. The FDD also include list of franchise units operating under the brand name.

A representative at Cannar will provide you a detailed information pack about the opportunity and once you are qualified by the franchise director of the selected franchise brand, a formal franchise disclosure document (FDD) will be shared with you.

On your request, you will receive a call from one of our representatives. You will be briefed about the opportunity and will be required to fill our Initial questionnaire form and sign a non-disclosure agreement. Signing NDA would allow you to use the information provided by us and assess the opportunity. Once, signed NDA is received and your eligibility is ascertained we will share detailed information pack about the opportunity and set up your call with the franchise director.

Factors to be considered before buying a franchised business includes the hours and personal commitment necessary to run the business, the track record of the franchisor, and the business experience of its officers and directors, performance of other franchisees in the industry, the cost to get into the franchise, how much you’re going to pay for the continuing right to operate the business, details of the vendors, terms and conditions under which the franchise relationship can be terminated or renewed, and how many franchisees have left the system during the past few years.

There are several ways to move into business for you including starting a new business, buying a new franchise, or purchasing an existing franchise. Starting your own business can be a more affordable, flexible option, but often requires significantly more effort and carries a higher risk of failure. On the other hand, purchasing a franchise comes with significant brand and business support from the franchisor, although your costs are generally higher and you cede some operational independence to the franchisor. Buying a franchise gives you Key advantages including proven methods and products, Start-up assistance, On-going training and support, Local, regional, and national advertising & collective purchasing power.

Investment requirements for purchasing a franchise differ tremendously based on the industry and the type of business the franchise operates. Total start-up costs can range from $20,000 or less to more than $1 million, depending on the franchise selected and your plan to own or lease real estate to operate the business.