Episode: How to Invest in a Franchise Business with Jon Ostenson
Guest: Jon is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. Having served as the President of an Inc. 500 franchise system and now as a multi-brand franchisee, himself, Jon is uniquely positioned to educate others on franchising and franchise selection. In addition to serving as the CEO of FranBridge Consulting, Jon oversees FranBridge Capital where he and his partners own multiple service franchises.
Big Idea: Real Estate investors rely on the next deal in order to remain profitable. With the tightening of the real estate market over the past 2 years and deals becoming harder to find, some investors are turning to franchise business ownership. Jon & I discuss opportunity for consistent cash flow by investing in non-food franchise businesses.
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View the Episode Description & Transcript Here:
Dan Breslin: Welcome to The REI Diamond Show. I’m your host, Dan Breslin. And this is Episode 197 on how to invest in a franchise business with Jon Ostenson. If you’re into building wealth through real estate investing, you are in the right place. My goal is to identify high-caliber real estate investors and other industry service providers, invite them on the show, and then draw all out Jewels of Wisdom, those tactics mindsets, and methods used to create millions of dollars or more in the business of the real estate.
So today’s guest, Jon, is a consultant, investor, author, and international speaker specializing in the area of non-food franchising. Having served as the President of an Inc. 500 franchise system, and now as a multi-brand franchisee himself, Jon is uniquely positioned to educate others on franchising and franchise selection. In addition to serving as the CEO of FranBridge Consulting Jon oversees Franbridge Capital where he and his partners actually own and operate multiple service franchises.
So today’s episode is a little bit of a different avenue than we normally go. But it ties in because real estate investors like me and you, rely on the next deal in order to remain profitable. I’m always hunting for the next deal. I’m sure you know the feeling. And with the tightening of the real estate market over the past two years and deals becoming harder to find, some real estate investors are turning to franchise business ownership. Jon and I discussed an opportunity to get consistent cash flow by investing in these non-food franchise businesses.
We also discussed Jon’s building of a portfolio of franchise businesses. The reasons why exiting, meaning, selling a franchise business is often more profitable and much easier than exiting a business that you’ve constructed yourself and why you should run from food franchise business models. Normally, what most people think of when you hear the word franchise. Please enjoy this conversation with Jon Ostenson.
Jon & I Discuss How to Invest in a Franchise Business:
• Building a Portfolio of Franchise Businesses
• Franchise Business Exit-there are a Pool of Qualified Buyers
• Opportunities that Require Just 10-15 Hrs to Run
• Why to RUN from Food Franchise Businesses
Relevant Episodes: (There are 197 Content Packed Interviews in Total)
• Mike Shapiro on Transforming a Southern California Real Estate Brokerage
• How to Find Motivated Sellers with David Lecko
• How to Become a Real Estate Developer with Adam Gilbert
• Converting Dead Leads to Cash with Chris Craddock