Who made the investment?
Scott from Pittsburgh, PA.
Scott had spent the majority of his very distinguished career in the financial services industry working with a premier, industry leading company. After a separation from his most recent position, he had decided that he was ready to move into a role of determining his own outcome.
Why was he looking for a franchise?
Scott brought to the table a tremendous skill set – team leadership, executive leadership, business development acumen. But, he also knew that this was his first foray into business ownership. Thus, he was seeking an opportunity within franchising so that he could leverage his skill set against the experience of the franchisor.
But, given that Scott was the primary income source in his household, he was seeking an opportunity that he would quickly be able to ramp up to profitability in order to replace his income as soon as possible.
What did he invest in?
Scott found a really unique opportunity with CP, a franchise company with more than 25 years of experience and hundreds of open, operating, profitable offices across the US. With a brand that has been in business for so long, there are often owners who have been operating for 10 or more years who are ready to sell their business and move into retirement. We found an opportunity for Scott to purchase an existing franchise operation with a solid reputation and team already in place.
Why did he choose that brand?
With a team already in place and customers already in the pipeline, Scott was able to hit the ground running. He is now operating the business and focusing on opportunities to grow, scale and build an even larger more successful operation for himself. And, knowing this brand well, the ceiling for this opportunity is sky high!
How can you learn more?
Chris Cynkar has been a business owner for 20 years and is a nationally recognized franchise expert. You can learn more at www.chriscynkar.com. You can contact Chris directly at ccynkar@franchoice.com or 412-877-2000.