Top E2 Visa Business For Sale Orlando (2021)
Hey, this is Patrick Findaro with Vetted Biz and Visa Franchise. Today, I just want to go through a few different E-2 visa businesses for sale in Orlando and across Central Florida. For those that are thinking of moving to the United States through the E-2 visa, you generally need to invest at least $100,000 as well as to hire a few Americans. There’s pros and cons to going with a franchise concept versus buying an existing independent business. Generally, for an entrepreneur that’s already been living in the United States, speaks fluent English, has already operated business in the past, the existing business that’s not a franchise can be a tremendous opportunity, and especially if it’s something that can grow in scale. However, most businesses for sale for $100,000, $150,000, generally, the owner’s compensation is going to be around $40,000 to $70,000, and that includes the owner working pretty much full-time in the business. So, if your plan is to come to the U.S. and be a slave of the business, you know, that could work, investing $100k or $120k in a coffee shop. However, if you’re looking to have some freedom and not work, you know, 40, 50 hours a week or work 40, 50 hours a week, but make like $100,00, $150,000 a year, for an existing business, you’re generally going to have to invest more money. So, we see generally clients investing over $200,000 for a business that should get them to that $80,000, $100,000 a year number within the first year or the second year. And, of course, it depends.
But today, I want to focus more on the franchise side and go through a few different franchise resale opportunities. Franchisors have come to us talking about different opportunities to own an existing portfolio of business or a buy outright, a barbershop, for example, that’s soon to open. So, today, I want to focus on franchises, either resales or ones that are well-suited to open up in Orlando. And then if you’d like the contact of a business broker to help you find a known independent business for sale, happy to give you a contact. You can go through our site, vettedbiz.com and also see over 1,500 businesses for sale in Florida alone. And there’s another 1,800 franchises for sale of which I want to go over 4 of them quickly with you today that are available in Orlando.
So, let’s start first with the franchise resale opportunities. And this is an opportunity that’s in development rather. ManCave for Men has a site that’s pretty close to the University of Central Florida. And this is a space that’s growing quite a lot. You can see some of the numbers going back years, but it’s a multi-billion-dollar industry. They have nine locations currently in the United States. Most of them are in Florida. And the startup costs vary for anywhere from $148,000 to $180,000. So, the ManCave for Men has a few corporate locations that they’re selling in South Florida, as well as one location in Orlando that’s in construction and should be opening in the next couple of months. So, that would be an opportunity for someone that’s looking to invest say around $150,000 in a business and you want to have a business that you have the clients come to you and that you can also potentially step away and hire a day-to-day manager. So, you go from working 40, 50 hours a week, taking a lot more money from the business, and now, working 10 hours a week, more on the financials and overall strategy of the business. So, that’s one opportunity.
Another opportunity is in the tax space, ATAX which is a tax franchise that mostly focuses in the Latino community, investment between $59,000 and $74,000 with a $30k franchise fee. They have 67 locations across the United States currently opening. And next month, I’ll be interviewing Rafael, who is the founder and CEO of ATAX. But I know they’re eager to open up more locations, including in the Central Florida, Orlando area.
And then another franchise that…it’s a pseudo franchise resale is IPG Florida. So, like the ManCave for Men, they have had multiple E-2 visa approvals. IPG has had, I don’t know, nearly 20 E-2 visas approved and there’s portfolios of properties, and that’s why the investment range varies quite a lot where, you know, if you invest in 15 properties versus 30 or 35 properties, it’s going to vary between $191,000 all the way up to nearly $400,000. So, the good thing about this, it’s a business where you’re buying the asset. The asset in a sense are the contracts to manage these vacation rentals. They’re almost all single-family properties that need landscaping services, pool maintenance, cleaning, and all different ways to make money through the vacation rental business that IPG Florida has set up that’s been operating for 20 years now. It was founded in 2001. So, this is a good option for someone that really wants to have cash flow from day one, but also wants that ongoing support of having a franchisor that helps them.
Another one is Success On The Spectrum, which is a franchise that helps generally kids that have autism somewhere on the spectrum, and there’s all different types of ABA, applied behavior analysis, to support these kids. So, it’s done wonders, especially across our sites in Texas and the Northeast, and I know they’re eager to open up in Orlando. So, this would be a new opportunity where you can invest between $200,000 and $314,000, and there still is territory available in Orlando. In this video, I’m going to include links to Success On The Spectrum, IPG Florida, ATAX, as well as ManCave for Men so that you can reach out directly if you’d like, and enter in direct contact with these franchisors. This has been Patrick Findaro. Thanks a lot. Hope you enjoyed this video. Don’t forget to subscribe, and we’ll see you soon.