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Obviously, one of the qualifying criteria to enter the Max Muscle Sports Nutrition (MMSN) business is a candidate’s financial strength.
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Most people who apply for a MMSN franchise do NOT have ALL of the required funds “sitting in a back account”. The vast majority of our candidates do indeed, combine a variety of financial resources to finance their new venture.
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The good news is that the investment required to purchase and build a MMSN franchise is notably lower than the level required for many other types of retail franchises, and NOTABLY LOWER than that required for most FOOD franchises.
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At the same time, MMSN DOES INDEED want to make sure that its new franchisees have ACCESS to the requisite capital to purchase and build one or more of its UNIT, MULTI-UNIT or REGIONAL development franchises.
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The financial requirements for purchasing and building a MMSN franchise, at any entry level, i.e. single store, multiple-units, or regional franchise are outlined on the previous page of this website.
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MMSN, like most franchise companies today, does NOT provide financing directly to its franchisees. There are many reasons for this decision that we can explain, if and when we talk with you.
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Instead, MMSN assists prospective franchise candidates in their efforts to gain access to financing avenues. Even in today’s financial market, we have success in helping the vast majority of our candidates obtain such financing.
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For example, we have a great working relationship with several companies who are experts at obtaining conventional financing packages and Small Business Administration (SBA) loans. The SBA has approved MMSN for admission to its “registry of approved franchises”, which makes the loan application process a lot easier to master.
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We also work with companies who are very experienced, national experts at helping candidates set up self-directed retirement funds, using their existing retirement funds, with NO penalties, NO payments, and NO interest. This is a very popular, and IRS approved, program.
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We are here to help you with this crucial step in our qualifying process, just ask us!
