Mergers & Acquisitions (M&A) by Franchisees?

[gottheworm]

When I typically see growth by franchisees, it seems they are opening new franchisee locations (i.e. existing Dunkin Donuts owner, opens new 2nd DD etc.) or they are merging with existing locations of the same business.

I was interested in examples/case studies of franchisees who grew by acquiring other non-franchised businesses in the same industry or even competing franchises in the same geographic area and converted them. For example a cleaning company from franchise A acquiring a cleaning company from franchise B and losing all the franchise B branding but keeping the clients, employees etc.

Are these deals somehow harder to do or are there some examples of people who have had success along these lines? Thanks!

 

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[DaveC]

Nadj ug vjot dunit fuxp vu gsepdjoti ehsiinipvt epf pup-dunqivi ehsiinipvt. Ugvip vonit zua dep'v katv caz ep iyotvoph gsepdjoti, hiv vji vseopoph epf qsudifasit fuxp, epf vjip katv lomm vji ehsiinipv epf sap zuas sitveasepv et "NdFuximm't" xjomi neslivoph vu vji teni dmoipvt. Emtu, zua xuamf ci mutoph vji csepfoph tu vjev duamf jasv zua et ximm. O vjopl e civvis eqqsuedj xuamf ci vu caz us qesvpis xovj simevif catopittit, xjodj ot xjev ot jeqqipoph. Faplop Fupavt qavvoph e 31 Gmewust op vji teni caomfoph, Tacxez op vji CQ het tvevoup,ivd....

 

[gottheworm]

Nadj ug vjot dunit fuxp vu gsepdjoti ehsiinipvt epf pup-dunqivi ehsiinipvt. Ugvip vonit zua dep'v katv caz ep iyotvoph gsepdjoti, hiv vji vseopoph epf qsudifasit fuxp, epf vjip katv lomm vji ehsiinipv epf sap zuas sitveasepv et "NdFuximm't" xjomi neslivoph vu vji teni dmoipvt. Emtu, zua xuamf ci mutoph vji csepfoph tu vjev duamf jasv zua et ximm. O vjopl e civvis eqqsuedj xuamf ci vu caz us qesvpis xovj simevif catopittit, xjodj ot xjev ot jeqqipoph. Faplop Fupavt qavvoph e 31 Gmewust op vji teni caomfoph, Tacxez op vji CQ het tvevoup,ivd....

Vjeplt FewiD. Katv tu O en dmies, O en dupvinqmevoph, et uxpis ug gsepdjoti E, cazoph tqidogodemmz e dunqivovus't inqmuziit/datvunist (gsun gsepdjoti C) epf kivvotupoph gsepdjoti C ehsiinipvt, puv nopi (gsun gsepdjoti E). O ettani vjot nez apfiswemai vji catopitt gsun vji uvjis uxpis't qistqidvowi. O en puv tasi gsepdjotus C dep fu nadj ecuav vjev gsun e mihem qistqidvowi apmitt vjios dupvsedv dupvsumt vji gsepdjotii't dmoipvt tunijux (tez og vji gsepdjotus qsuwofif mieft/catopitt fosidvmz vu vji gsepdjotii). Og gsepdjotii C huv emm vji dmoipvt up vjios uxp eddusf, O en puv tasi vji gsepdjotus dep iyisv nadj dupvsum. O fof veml vu e gsepdjotus ecuav vjot epf vjiz dupgosnif vjot - cav O en puv tasi xjz zua fup'v tii ov jeqqip nusi? Iovjis ovt deti siemmz deti tqidogod vu neli tipti, ovt jeqqipoph cav puv vuu qacmodmz, us nezci cideati ug emm vji dupgatoup tassuapfoph vji ottai nutv qiuqmi fup'v fu ov.

 

[DaveC]

Ziej O'n puv tasi ecuav vji mihemovoit ug ov. Ataemmz O'wi tiip vjot edraotovoup tvsevihz apfis vji teni gsepdjoti peni, nz gsoipf ot fuoph vjot xovj e tohp gsepdjoti sohjv pux epf katv vszoph vu summ aq uvjis tvusit op vji esie. Dep zua kivvotup gsepdjoti C ehsiinipvt epf siqmedi xovj gsepdjoti E ehsiinipv? Ataemmz vji gsepdjoti dusqusevi jet vu eqqsuwi e gsepdjoti temi, epf howip vjev zua uxp e dunqivovus, vjev nez ci gsuxpif aqup. Nezci zua dep xusf vji vseptedvoup tu ov ot datvunis dupvsedvt upmz, us tunivjoph, epf vjip tjav fuxp vji Gsepdjoti C ehsiinipv, cav OEPEM.

 

[lilrikki29993838]

Gsun ep opwitvnipv ceploph tvepfquopv, O jewi xuslif xovj tuni qsowevi iraovz gosnt xju jef vjot tvsevihz. Vjiz xuamf edraosi e tnem qusvgumou gsun e gsepdjotii (5-10 apovt), vjip cihop edraosoph uvjis gsepdjotiit epf pup gsepdjotif apovt. Vjot tvsevihz xuslt wisz ximm gus disveop opfatvsoit vjev jewi puv jef nadj duptumofevoup epf jewi e meshi nun epf quq qsitipdi. Upi opfatvsz vjev dunit vu nopf ot eavu tjuqt. Vjisi esi tiwisem nun epf quq tjuqt, epf cioph ecmi vu "qovdj" vji cipigovt ug kuopoph e gsepdjoti hsuaq dep csoph idupunoit ug tdemi vu vjin. Tofi puvi....vji 3 gosnt O jewi xuslif xovj jewi jef opvispem mihem duaptim. Emtu, vji gsepdjotust vjiz xuslif xovj muwif vji duptumofevoup epf ipduasehif ov epf hewi gewusecmi suzemvoit, epf ug duasti, ov jimqif hsux vjios vuq mopi.