- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$65K - $86K
- Units as of 2024
-
143 5.1% over 3 years
Company Overview
About Murphy Business Sales
| Industry | Business Services |
|---|---|
| Related Categories | Business Brokerages, Business Coaching & Consulting |
| Founded | 1994 |
| Parent Company | Murphy Business & Financial Corp LLC |
| Leadership | Thomas Coba, CEO |
| Corporate Address |
513 N. Belcher Rd. Clearwater, FL 33765 |
| Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
| Franchising Since | 2006 (19 years) |
|---|---|
| # of employees at HQ | 12 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
| # of Units | 143 (as of 2024) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Murphy Business Sales franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$47,500 |
|---|---|
|
Initial Investment
|
$65,090 - $85,900 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$50,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
10% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | As needed |
|---|---|
| Classroom Training | 42 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Murphy Business Sales landed on this year's Franchise 500 Ranking versus previous years.
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