Business for Sale Ireland | Small Business Opportunity

When you are looking for a business for sale in Ireland there are a number of options available to you.


Firstly you need to address some fundamental questions before you attempt to start a business by purchasing an existing business for sale as opposed to setting one up from scratch.

A good starting point is to look at franchises for sale because franchises have been shown to reduce significantly the chance of a business failure. However entering into a franchise agreement will require due diligence on your behalf and it is strongly advised to seek legal advice to have a look at the franchise agreement because franchise agreements are generally non negotiable-it is a take it or leave it situation because if the franchisor allowed you to renegotiate a franchise agreement it would undermine the whole franchise operation.

But some negotiation of a franchise agreement is possible if you are an individual with considerable experience in a particular market and the franchisor is keen to have you as part of their franchise chain.

Pubs for sale have traditionally been very much sought after but that has changed with the changing social attitude to drinking and driving and the smoking ban. This is unlikely to change anytime soon so it would be with great reluctance that I would spend much time looking at pubs for sale.

The type of structure that you will impose on your business will be an important consideration for you and the range of options are sole trader, partnership and limited company. You can read elsewhere on this site why a written partnership agreement is absolutely essential if that is your choice and the questions you need to ask if looking at franchises for sale can also be accessed elsewhere on this site.

One thing you could consider is the various online business opportunities which allow you to get started with your own business with very little capital investment and a little elbow grease.

Shops for sale are another opportunity that should be carefully assessed for this reason-the Celtic tiger years saw a ridiculous level of investment in convenience stores such as Spars and Centras. The level of investment combined with the easily available money meant that the borrowings are so high on some of these shops that while they are unsustainable for the borrower, they do provide good opportunities for hard working retailers who are in a position to buy at knock down prices.

The locations of some of these shops are excellent but they are simply not viable for existing operators whose projections were calculated on Celtic tiger levels of consumption.

There is no doubt that notwithstanding the recession there are always good opportunities for hard working entrepreneurs with realistic expectations and a good work ethic.

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Business for Sale

A small business franchise can provide a relatively safe way to dip your toes in the world of small business but you will need some serious capital for most small business franchises and the demands of many franchisors combined with non negotiable franchise agreements mean that this is not a route for those entrepreneurs who value their independence.