If you are a property owner and looking to make a benefit out of your free space, by leasing it to franchise businesses in India, Sparkleminds can help you. Our team of franchise property agents can help you discover how to find a worthy investment for your franchise property.
With over 3000 franchises operating, it can be hard to know which franchise is right for you. Our franchise property services will give you the right type of resources to work with.
Why Hire Franchise Property Agents to rent your commercial property/shop to a franchise business?
Have you ever questioned whether you should rent out your commercial property or your shop to a franchise? Owners of commercial buildings may find it to be an ideal choice to lease their space to a reputable franchise company.
However, the bulk of franchise renters will be rather particular about the homes they check out and assess for their upcoming tenancy. Therefore, the likelihood that you will receive the highest price for your business property increases the more efficiently you market it.
The greatest techniques to get ready to rent your commercial property to a major franchise are listed below.
#1. Hire Franchise Property Agents Or Real Estate Brokers
This is the quickest and most efficient way to find franchise owners. A broker in commercial real estate can take care of everything for you! Office, retail, and industrial buildings are the only types of real estate that commercial real estate brokerages lease and sell.
#2. Make a virtual 3D tour
3D virtual tours could help commercial real estate marketing in the future. Franchise owners who might not be able to personally visit an area before deciding to settle there will find these excursions to be extremely helpful.
If you employ a 3D tour, you will be at a competitive edge. It’s not difficult to use a spherical camera on a tripod, despite popular opinion. Place it where you want it to go, then switch it on with a phone app.
#3. Make use of Billboards to advertise your property
The billboard, which is sometimes ignored, is one of the most prominent ways to market your commercial real estate campaign. If you decide to employ this strategy, make your billboard advertisement simple and include a catchy tagline for commercial real estate as well as concise explanations of the advantages you are providing a possible franchise buyer.
#4. Utilize social media to market your property
The number of leads you generate for your commercial real estate company could be greatly increased if you know how to market on Facebook and other social media platforms. The platform’s user-friendly interface makes it simple to create Facebook ads for commercial real estate.
#5. Consider joining a commercial real estate organisation
In short, one of the most effective strategies to expand your network is to join a commercial real estate organisation. Giving you access to franchise owners, resources, and opportunities for continuing education that you would not otherwise have might also assist you in building credibility.
To sum up, commercial real estate marketing doesn’t have to be a bother If you keep your message brief and engaging, you will soon start receiving a steady stream of fresh commercial real estate buyer leads.
Why Sparkleminds as your Franchise Property Agents?
With time, emotion and capital all being invested at substantial levels, it is crucial for potential franchisees to choose wisely when it comes to finding the right franchise to join.
A significant aspect of a franchisee’s decision-making must involve the way the franchisor operates its business. It’s commonplace to refer to franchisors that are operating the right way, and therefore worthy investments for franchisees, as adhering to the principles of ‘ethical franchising’.
While finding the right business opportunity for you, we keep in mind the following ethical franchising fundamentals:
- Just not the idea on paper or in someone’s head. With evidence that the product or service is saleable, and at a level of profit that will sustain both franchisees and franchisors.
- It needs to be transferable and teachable, which means it can be run in multiple locations by multiple independent operators using the same system, brand, and quality standards.
- Which broadly covers advertising, recruiting and interactions with franchisees. The legally-binding franchise agreement, while weighted towards the franchisor to protect the brand and wider network. This must be fair to both parties and comply with the law and the Code of Ethics.
- All information on the business is material to the franchise proposition. The contract is disclosed to the prospective franchisees without ambiguity. If any financial projections as well as earnings forecasts shall be objective and realistically achievable.
We understand the principles behind a good franchise business, one which is worthy of consideration for your efforts and capital. Thus, this is where franchise property management is crucial for your success.
With the rise in the market dynamics, you need to find the best among several franchise property groups, our franchise property agents will come in handy.
These are some signs we look for in every potential franchisor we choose for you:
- Proven success.
- Open disclosure.
- Legal Considerations.
- Initial training.
- Ongoing support.
Grab the phone and speak to our experts today.