NextHome franchise listings propagate  out to over 800 websites.

Las Vegas also just added an NHL franchise with the Golden Knights.

Hi Account Closed, depends on how much experience or active you will be, my experience has been most brokers won't want to talk to you if you're not thinking about pursuing agent route full time because brokers care about growing their businesses and getting those splits and franchise fees.

For example, some drawbacks is the $800 franchise fee that applies to LLCs in California, and the LLC would be considered a partnership so a federal tax return (Form 1065) will need to be filed for the LLC as well as a K-1 for each member of the LLC (the IRA and the solo 401k plan).

I typically invest in venture, crypto, mutual funds and am looking to get into franchise restaurants, so I diversify with real estate.

If it's just a lease the terms can make it good or bad.If you have a new business all you have is the equipment which liquidates at 10 to 15 cents on the dollar.You have not created a salable commodity yet because buyers want at least a year or longer of stability to buy a business based on cash flow.Usually you get 3 times net earnings.So a business making 33,000 after expenses would trade at 100,000 etc.SBA loans are almost impossible right now so most business transactions happen with all cash down or the current owner carrying 10 to 50% of the paper.The owner generally will not sell getting only 10 to 20% down.The reason is they might be living off that income stream and have to live off the money or might have to get a certain amount to franchise and grow their concept or reinvest in other opportunities plus the commission comes out of the down payment for the business listing broker and the fee runs from usually 8 to 10 percent.In some instances if the list price is low commission could be 12%.Being a chef and OWNING a restaurant are way far apart from each other.I used to own a restaurant and have real world experience.The value of a restaurant is based on the lease terms,how new it is,available parking,saturation of similar concepts in the immediate area.

Similar to others here, our experience has been we get better results with local small cleaning services and not the national chains/franchises.

The main drawbacks are compliance requirements, franchise / business taxes, and potentially higher costs to finance/insure properties.

The franchise and excise tax is no joke. 

But we have leased out to several Corporate/Franchise QSR in Texas.