Welcome to BuyaFranchise - BCI Business Brokers Franchise

BCI Business Brokers Franchise

Business Code: TA2117
BCI Business Brokers Franchise
Business Broking
Price: $50,000

Click Here To Listen To Managing Director, Tony Arena (Please wait 7 seconds for sound to start)

Click Here To Listen To An Interview With Franchisee Keith Smith (Please wait 7 seconds for sound to start)

Ever wanted to be a Business Broker ? This is an opportunity to work with a leading brand in Business Broking. Ongoing support from Franchisor for websites and database as well as 'coaching' in business and franchise sales.

For more info or an interview contact:

Name: Tony Arena

Ph: 0411 888 148 or 61 2 9439 3399

Web: http://www.buyafranchise.com.au/

See below for more Detail

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Franchise at a Glance

Business Name		BCI Business Brokers Franchise

Key Features		Servicing the booming SME market. Can be operated from home or an office. Work in a professional occupation, and join a team of like-minded practitioners who base their practice on integrity, service and knowledge. Brokers can operate from City or Regional locations, and the network is poised for growth interstate and internationally.
Royalties		Each franchisee pays 10% management services levy plus 4% advertising levy to the franchisor.

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Details

Ideal Franchisee		BCI is looking for someone with strong sales skills, attention to detail and a desire to work with small business people to help maximise the sale price of a business. You would be a self-starter and would be comfortable working with profit and loss statements of businesses. Computer literacy is another plus.

Area		NSW Qld WA VIC SA NT ACT Tas

Territories Now Available		Alice Springs Armidale

Earnings Information		The franchisor gives no information as to the likely earnings of potential franchisees.

How to Buy		You should make contact with BCI to arrange a meeting. Call 0411 888 148 or send email as below. A prospect will be interviewed by Tony Arena of BCI and will be given a document outlining the BCI offer. Once a prospect is happy to proceed to receive the documents, a deposit of $1500 plus GST will be paid to BCI. This is payment towards the franchise.

Royalties		Each franchisee pays 10% management services levy plus 4% advertising levy to the franchisor.

Working Capital Required		A franchisee would have to consider the amount of working capital necessary in the startup period, as commissions would not start to flow for potentially three to six months. A BCI Business Broker does start to earn money soon after startup in the way of listing fees or other consultancy fees, according to the franchisee’s skill and ability.

Training and Support		A franchisee is provided with a startup training program which covers the main competencies in business broking, and an introduction to the software program that BCI brokers use in their daily activity. This training is intensive and far-reaching and will prepare the broker for the job ahead, including operations, marketing and strategic planning.

Access to Franchisees		The franchisor is happy for intending franchisees to speak to other franchisees at the appropriate time. This would be after the franchisee has been provided with a Disclosure Document, Franchise Agreement and Code of Conduct. Such contact would be with any franchisee of the prospect’s choosing, but in consultation with and introduction by the franchisor.

Business Established		BCI Business Brokers was established as a family company in 1957

Company Outlets		BCI operates a Company office at Crows Nest.

Franchised Outlets		There are four other franchisees. The details are on this website. They operate from Sydney, Port Macquarie, Bowral and Pymble

Franchise Established		BCI commenced franchising in 2000

Franchise Territory		No exclusive territories are offered to franchisees. This means no franchisee is restricted in the businesses he or she can list and sell.

Bank Accreditation		There are no arrangements in place with any bank for finance to purchasers of BCI Franchises.

Comments		In purchasing a franchise, one needs to consider what type of franchises are available. There are business-to-consumer franchises, like retail businesses, and there are business-to-business franchises, like this one and other such businesses. A business that is business-to-business takes a while to develop, because it is up to the franchisee to continue to bring in new business. The BCI brand will help and there will be referrals coming from head office or other franchisees; however, a BCI franchisee needs to be proactive and not afraid to approach potential new business. Keep this in mind in buying any business-to-business franchise.

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____________________________________Disclaimer____________________________________

“The above information has been furnished to us by the Vendor. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make their own inquiries in order to determine whether or not this information is in fact accurate.”