How People Are Making $100k–$200k/Year With Franchises (Without Starting from Scratch)

‼️ FREE 5-Minute Business Plan: 👉 https://5minutebusinessplan.com/ 💸 FREE Business Training: 👉 https://www.millionaireuniversity.com/training Thinking about buying a franchise but not sure where to start? In this episode, franchise consultant Greg Mohr breaks down everything you need to know before investing — from how to vet a franchise opportunity and read a Franchise Disclosure Document (FDD), to understanding royalty fees, territory selection, and financing options like SBA loans and ROBS plans. Greg shares real-world examples of franchisees who built six-figure businesses in essential services like electrical, senior care, and grounds keeping, and explains the personality traits that make someone a great franchisee (and the red flags that suggest you should start from scratch instead). Whether you're a corporate refugee looking to replace your income or someone who wants to build a semi-absentee business asset, this episode gives you a practical, honest roadmap for finding the right franchise — and avoiding costly mistakes! What we discuss with Greg: 0:00 Introduction: What You'll Learn About Franchising 0:52 Why Buy a Franchise? The Proven Business Model Advantage 4:55 Franchise vs. Starting From Scratch: Key Differences and Costs 5:44 Who's Right for Franchising? Personality Traits and Mindset 8:50 Narrowing Down Your Options: The Vetting Process 14:18 Understanding the Franchise Disclosure Document (FDD) 18:45 Franchise Fees, Royalties, and Total Investment Costs 22:31 Financing Your Franchise: SBA Loans, ROBs, and More 31:31 Semi-Absentee Ownership, Territories, and Scaling Up 39:39 Common Mistakes, Best Industries, and Final Advice Thank you, Greg! Check out Franchise Maven at ⁠FranchiseMaven.com⁠: https://www.franchisemaven.com/ Schedule an ⁠Introduction Call⁠: https://calendly.com/greg-franchisemaven/30min Follow Greg on ⁠LinkedIn⁠: https://www.linkedin.com/in/gregorykmohr/ Connect with Millionaire University: Facebook: https://www.facebook.com/MillionaireUniversityMU/ Instagram: https://www.instagram.com/millionaire_university_mu/ TikTok: https://www.tiktok.com/@millionaireuniversity_mu Twitter: https://twitter.com/Millionaire_Uni YouTube: https://www.youtube.com/channel/UCyG31bPcrqhbjvGsuz-JaXw #Franchise #FranchiseBusiness #HowToBuyAFranchise #MillionaireUniversity #FranchiseInvesting