September success story
This month, NGI Franchise Funding is delighted to share how we supported a franchisee in purchasing an existing mobile café franchise, including the vehicle. We worked closely with the client to produce a robust business plan and arrange £24K in funding, providing the finance needed to complete the purchase and take on an established business with confidence.
The need: £24K to purchase an existing mobile café franchise, including the vehicle
Our client identified an opportunity to acquire an existing mobile café franchise, complete with an established trading pitch, customer base and the specialist vehicle required to operate the business. Purchasing a business of this kind offered a head start over a new launch, but required £24K in funding to cover the purchase of the business and vehicle together, along with the working capital needed for a smooth transition of ownership.
As with many franchise resales, having a clear, well-evidenced business plan and the right funding in place from the outset was essential, particularly given the additional consideration of financing a specialist vehicle alongside the business itself.
The solution: Comprehensive business plan and tailored funding
We worked closely with our client to produce a comprehensive business plan and financial projections that clearly set out the strength of the existing franchise, its trading history and its potential for continued success under new ownership. This allowed us to approach lenders with a strong, well-supported case and secure the £24K funding required to purchase both the business and the vehicle.
This tailored funding solution gave the franchisee the confidence and financial support needed to complete the purchase of their new mobile café franchise and begin trading on solid foundations from day one.
Why NGI Franchise Funding?
At NGI Franchise Funding, we specialise in helping franchisees build comprehensive business plans and access the right funding to support every stage of their journey, whether launching, purchasing an existing territory, expanding or strengthening working capital. Our experience in franchise finance and strong lender relationships allow us to structure practical, tailored funding solutions that work around each business’s goals and requirements.
We are proud to have supported this franchisee in securing the finance needed to purchase their mobile café franchise and take the next step in their franchising journey.
For more information or assistance, please call us on 01993 706403 or email hello@ngifranchisefunding.co.uk.