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Franchise Resales and New Territory Enquiries on the Increase

Mike Parker, Managing Director at Minster Cleaning Services, has noticed an uplift in enquiries from prospective Franchisees.

He says, "There has been a noticeable increase in franchise business enquiries in the last couple of months. I have been having discussions with people regarding a number of our Franchise Resale locations, particularly Bristol, Hertfordshire and South Wales. I have noticed how well informed people are, perhaps having spoken to the British Franchise Assiciation (BFA) already. Indeed I recently met a prospect who had attended a Franchise show at the NEC and one of the BFA courses as an introduction to franchising who was very well informed. Unfortunately they did not have the financial resources to proceed."

Mike goes on to comment, "As a mature Franchisor we have only a few new territories available. Nevertheless I am also receiving some enquiries about these territories as well."

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