What Is Franchising?
The evolution of franchising can be traced back to the 1850s, but franchising as we understand it today started in the 1950s and has reached almost mythical stature over the last fifty years. A new franchise opens every 8 minutes of every business day and drives over 40% of all retail business. Annually, franchising accounts for over $800 Billion in sales, and employs over 8 Million people. Franchises are the most successful businesses on the planet with over 95% success rate and at the same time creating over 170,000 new jobs per year.

Who Buys Franchises?
The majority of franchise business buyers are success-oriented, educated, family minded, corporate people. As corporations switched their focus from employees to investors, they realized how expensive their senior level employee had become and they began down-sizing their mid and upper level managers to save money and improve investor stakes in their companies. This growing number of outstanding corporate managers are now the driving force behind franchising and represent a constant stream of qualified franchise buyers through Murphy offices.

Visit our Franchise website for more about Buying a Franchise Business and Exciting Franchise Opportunities

The Franchise Buyer
A 25 year study conducted by the International Franchise Association pinpointed the "Typical Franchise Buyer". Franchise buyers will come from all walks of life, educational and economic backgrounds, but some of the typical qualifications are:

Between 35 and 55 years old
Corporate Management Background
Income Avg. $80 to 150K
Net Worth of $300 to $800K
Majority Have IRA/401K Retirement Plans
Men, Couples, Women in that order
Most Have Not Owned a Business
Want to Build a Business That Will Allow Them To Retire
Looking For On-going Marketing, Training and Support

These are the same outstanding clients that come to Murphy offices seeking to buy their own businesses.

Murphy Franchise System
The Murphy Franchise organization is lead by Tom Miller, Executive Vice President of Murphy Business and Financial Corporation. He is a 25 year veteran of franchising and the recognized authority on franchising in the business brokerage community. All Murphy Franchise Consultants are highly trained and experienced in all aspects of franchising, and have owned, managed and sold franchises for many years before joining Murphy. There are a few thousand franchises available but Murphy Franchising is associated with only the finest franchises in America and work to find the "perfect franchise" for each of our Murphy clients.