A short testimonial-style YouTube clip by Jarrad Goulding promoting The Local Guys franchise. Goulding states that franchise partners fully own their businesses, can grow them as personal assets to pass on or sell, and that some partners have sold their franchises for 4–5× their purchase price—sometimes within one to two years—because they built up clients and owned 100% of the asset.
I think the goal for us when we created the local guys was the biggest thing was we wanted franchise partners to be able to grow an asset that's, that's truly theirs, and then they can one day decide to pass it on to their kids or sell it or whatever. And that could be where they top up the super and they sell it for a big chunk of money. We've had franchise partners that have sold it for 4 or 5x what they've paid for it and done really well out of it, even in a short period of one or two years, because they have built up those clients and it is truly their asset that they can sell 100%.
