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 ewora
 
posted on November 9, 2004 11:57:50 AM
I was offered a finders fee if I can find a buyer for a set of 3 Mexican franchise restaurants in my town. Taco Del Mar...kind of like Taco Bell only tastier.

I don't have any experience in this area.

I was looking at the real estate section of ebay and it looks like I could either run it as an auction for $150 plus $100 for the reserve. Or I could run it as an ad for 30 days for $150 or 90 days for $300.00.

If I threw this in my store for a set price would the listing still be just $.03? Chances of it getting the kind of exposure it needs in the store would be iffy though....I'm thinking.

I've also considered listing it on a different website that specifically sells fanchises.
http://www.businessnation.com/Businesses_for_Sale/franchises_for_sale.html

I told them I would ask my "panel of experts" for advice. I'm meeting with them tomorrow to give them my opinion on the matter. Thanks everyone.



 
 max40
 
posted on November 9, 2004 12:06:20 PM
Unless you're a licensed real estate broker in your state, you'll have a tough time collecting any referral fee. My state(WI) has laws that only protect licensed RE people.

 
 ewora
 
posted on November 9, 2004 12:10:29 PM
My better half handles his advertising.

The owner is a real estate loan originator.

He may have already consulted a real estate broker I'm not sure.
 
 
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