RE-FRANCHISING
(Sale of Company Operated Units to Franchise Operators)
A powerful strategy for:
- Driving Growth
- Executing Remodeling
- Raising Capital
Praetorian Group will:
- Create a re-franchising program to meet your specific objectives
- Perform market responsive valuations to maximize resale value of your units
- Negotiate competitive debt financing programs with commercial lenders to support the sale of operating units, remodeling programs and new development
- Work with your legal counsel to create standard documents and to modify your UFOC (if necessary) to ensure a smooth and orderly re-franchsie program
- Create a franchise owner profile, which matches the complexity of your operation and enhances your corporate objectives
- Market the business opportunities to qualified buyers who match up to the franchise owner profile
- Provide negotiation assistance to finalize all documentation necessary to close the deals
- Perform deal management to ensure a timely and smooth closing process
- Coordinate transaction closings
Please call Gene Cerrotti at 888 358 3325 ext. 226 or email at genec@praetoriangroup.net
Re- Franchising (Article)
New Franchise Sales
Franchise Financing
(requires Adobe Acrobat)
Professional Representation For The Sale of New Franchises and Multiple Unit Development
Praetorian Group will:
- Market your franchise opportunity
- Qualify the candidates
- Deliver a professional and informative sales presentation in accordance with federal and state disclosure requirements
- Assist in your "discovery day" presentation
- Close the sale
- Assist new franchisee in obtaining financing
- There are no upfront fees. We are only paid at closing
Please call Manny Armesto at 888 358 3325 ext. 223 or email at mannya@praetoriangroup.net
Praetorian Financial Services specializes in securing financing and /or equity for Franchisor’s, their Franchisees and Independent operating companies to:
Develop new units
Acquire additional units
Remodel existing units
Refinance existing debt
Financing assistance provided to you:
- Pre-screen the deal – determine your qualifications, analyze financial statements and determine or estimate cash flow.
- Establish a range of financing
- Obtain lender term sheet (expression of lender interest)
- Coordinate the gathering of all financial data, legal documents and assist in completing the loan application
- Assist in the creation of a business plan
- Assist in the creation of a pro forma analysis
- Obtain loan commitment letter
- Assist in gathering all post-commitment information needed for the lender to close the loan, i.e. - Purchase
- Agreements, Lease Agreements, Franchise Agreements, Landlord Waivers, etc.
- Close the loan
Please call Brenda Dekany at 888 358 3325 ext. 225 or email at brendad@praetoriangroup.net
Praetorian Financial Services
Franchise Finance Programs
SBA Programs
Loan Amounts
- 70 – 80% of total project costs which include:
- Franchise Fees
- Fee Simple Real Estate
- Furniture, Fixtures & Equipment
- Leasehold Improvements & Signage
- Working Capital & Inventory
- Soft Costs (some restrictions apply)
- Progress payments can be structured for build out of new locations
Loan Terms & Rates
- 7 - 10 year terms for deals with equipment and leaseholds only
- 20 - 25 year terms on the fee simple real estate portion of the transaction
- Variable interest rates – Prime + 2.00% - 2.75%
Collateral
- UCC Filing on all equipment financed
- Personal guarantees from all principals and spouses with 20% or more ownership
- Additional collateral required, if available\
PORTFOLIO PROGRAMS
Loan Amounts
- 75%-90% of "Hard Costs"
- Fee Simple Real Estate
- Furniture, Fixtures & Equipment
- Leasehold Improvements & Signage
Loan Terms & Rates
- 5 - 10 year terms for deals with equipment and leaseholds only
- 15 - 20 year terms on the fee simple real estate portion of the transaction
- Fixed and variable interest rates
Collateral
- UCC Filing on all equipment financed
- Personal guarantees from all principals and spouses
- Additional collateral not required
|
