Express Oil Change & Tire Engineers Franchising

Partnerships

It is very common for franchise candidates to form partnerships in order to attain the resources necessary to launch and operate the business.

  • In some cases, a franchisee candidate who intends on working the business day-to-day as the 'operator' needs additional capital, so the candidate finds a partner who can bring the financial strength to the project.
  • In other cases, an investor with significant financial resources may be unable to dedicate the time necessary to operate the business on a daily basis, so they look for an operating partner to help run the day-to-day business.

In either situation, it's the sum total of the liquid capital and net worth of the partnership that is reviewed when approving a new franchise.