Chicago Franchise Opportunities – Sun Franchising, LLC
At Sunbelt, we believe in and know about franchising because all of our offices are owned by franchisees.
We are proud to be affiliated with Sun Franchising LLC, offering franchise opportunities in Chicago and the entire Midwest region of the United States.
Sun Franchising can provide you with guidance throughout the process of exploring and identifying franchises that will meet your financial and career goals. They are dedicated specialists who focus solely on helping buyers find franchise opportunities that are
right for them.
Facts About Franchises
Opening up a franchise is a much safer decision than opening up a new business independently. An even safer decision is to purchase an existing established franchise. Here are some facts about franchises according to The International Franchise Association (IFA):
According to the U.S. Commerce Department, fewer than 5% of Franchises are terminated on an annual basis
In a study by a top Accounting firm, of 366 franchise companies, nearly 97% were still in business after 5 years. In contrast, a study by the U.S. Small Business Administration revealed that 62.2% of all new businesses FAILED within their first 6 years of business
Nearly 50% of all domestic retail sales were from franchise businesses
There are approximately 3,300 Franchisors and over 500,000 franchise units
Many franchises are SBA approved, making it easier to obtain financing vs. an independently owned business
If you are interested in learning more please contact:
Art Whitman, Managing Partner of Franchising