Looking for a business for sale in New Hampshire? The appeal of being your own boss in the Granite State is strong as a rock, isn’t it? Have you thought of pursuing business start-up opportunities in franchising? It might be the ideal arrangement in terms of security, support, and brand strength.
The story of franchise opportunities in New Hampshire starts with the basics.
What Is a Business Franchise?
At its most basic, it’s a licensed brand. As franchisees, Dave and Mary run a business that’s not called Dave and Mary’s Ice Cream, but Baskin-Robbins, Dairy Queen, or Cold Stone Creamery.
The main benefit to Dave and Mary is that their customers already know (and, hopefully, love) Basin-Robbins or Dairy Queen, and they’ll visit Dave and Mary’s establishment based on their previous good experiences. A name-brand ice cream date is less risky than going to a Brand X store, such as going to Dave and Mary’s Ice Cream. No unwelcome surprises,
You see franchise operations whenever you walk down any commercial street in just about any city and state. In New Hampshire, those operations can range from Burger King and Dairy Queen to H&R Block, Freeway Insurance, and COIT Cleaning & Restoration.
See for yourself. Explore the business district of Manchester or Concord and look at the familiar brand signage.
Franchisors — the owners of the brand being franchised — have also already made the mistakes any new entrepreneur is likely to make and can steer their franchisees away from at least most of those expensive errors. A good franchise operation will include training and day-to-day support, which can be especially important for first-time business owners.
But all that guidance and training doesn’t mean you’ve got more bosses with your new franchise than you have in the job you’re trying to leave. When you buy a franchise, you become the owner. The boss. Your level of success is up to you. Your future is in your own hands — where it should be.
But Why Consider a Franchise Opportunity in New Hampshire?
What’s so special about this state? Why should you consider taking on a New Hampshire business for sale, specifically?
Primarily because New Hampshire residents — your prospective customers or clients — think and act the same way other Americans do when it comes to shopping and otherwise conducting business. They trust brands they know. They patronize establishments and seek out service centers they’ve dealt with successfully in the past, even if that was at another location — one in another city or even a different part of the country.
While the Granite State is not the most populated state by far, it has at least five thriving metro areas where business gets done: Manchester, Nashua, Concord, Derry, and Rochester, as well as surrounding areas. New Hampshire also attracts tourists from all over the country and the world, as well as weekend guests from more populated eastern U.S. cities such as Boston and New York.
Furthermore, the cost of living here is a fraction of what it might cost to live and start a business in one of those huge East Coast cities.
Isn’t it Outrageously Expensive to Start up a Franchise?
Yes! It could cost millions — if you had to buy a location with a huge footprint, such as a hotel or fancy restaurant, and staff it with a couple hundred employees by opening day.
However, if you were to buy into a commercial window washing franchise in, say, Derry, you might need little more than a set of hoses and squeegees and a van with brand signage.
Insurance as a career is another type of business for sale in New Hampshire that comes with a low cost of entry. That’s what makes it worth considering for those entrepreneurs who don’t have a million dollars in investment accounts.
As a budding insurance agent, you can probably work out of your Nashua or Rochester home. Put that spare bedroom to profitable use by calling it your office. That, along with the phone and laptop you already own, some business cards, and a website might well be your major start-up costs.
A good insurance franchisor will make sure you have the relevant training and all the New Hampshire certifications you need to operate here, along with access to major insurers whose products you will be able to represent if you become an independent insurance agent.
An independent agent is one who provides coverage on behalf of multiple name-brand insurers rather than just working for one insurance company. That means they have greater sales flexibility, with more insurance products to offer their clients.
Of course, you could do much of that on your own. Knock on a lot of doors and leave a ton of voicemail messages. Eventually, you might get somewhere. After years of trial and error and trying to pitch clients the advantages of an agency of which they’ve never heard.
Since auto, homeowners, or life insurance is a much more major purchase than a banana split, a policy will be a much harder sell than drawing customers into an unknown Dave and Mary’s ice Cream shop.
In short, franchising can just make your business life easier. You have instant credibility, brand awareness, and customer loyalty on the day you open, not after years of penny-pinching struggle. That’s what makes it a business opportunity in New Hampshire worth exploring.
Looking for a Business for Sale in New Hampshire? Check Out Freeway Insurance Franchise Opportunities
As a Freeway Insurance franchise operator, your business will be your own. Your start-up costs will be low, and your level of success will be determined by your goals and motivation. But every step of the way, you’ll have the expert guidance and support of one of the nation’s largest personal lines insurance companies. It’s likely that your future New Hampshire policyholders already know and respect us.
As an independent auto insurance agent within the Freeway family, you’ll also get top-tier training, the state certification you need, and access to multiple major insurance brands. That’s a powerful competitive advantage. It means that you will always have an inventory of the insurance products that will fit your policyholders’ needs and budgets.
Find out how to build a financially rewarding Granite State insurance franchise of your own.
Contact us online or by calling (877) 822-3024 and speaking with a Freeway Insurance franchise representative.
