What Our Clients Say About Us
Franchised Restaurants
Thank you for all the support you have given me for each of my four franchise acquisitions. You helped me overcome the initial fears I had when I applied for my first Denny's franchise. The general business advice you gave me plus your assistance preparing franchise applications, reviewing franchise offering circulars, and generating financial projections over the years has been invaluable. You are always there for me, and I really appreciate it.
–Owner of Four Denny's and One Culver's in the Twin Cities area
Telecommunications Company
About five years ago, I decided to start looking for my own business. Since then I explored many different business opportunities mostly in my field of computers and telecommunication. You advised and coached me throughout the long, complex process of acquiring a business. You reviewed the broker’s business information package for several companies and helped me with the due diligence. With your guidance, I avoided making a major purchasing error. When I finally found the right business, you anticipated my needs by providing a financial analysis, helped me negotiate both bank and seller financing, and counseled me all the way through the final closing. I’m glad you’re on my team.
–Owner of a Minneapolis Telephone Systems and Cabling Business
Transportation Services Business
We have worked together evaluating several of my proposed business ventures. We reviewed a Hardee’s, a gourmet hot dog restaurant, a Blimpie Subs and Salads, and the executive transportation business that I eventually selected. As I became aware of different ventures, my first stop each time was to seek out your opinion. Your particular attention to detail and preparation of pro forma financial projections for these businesses helped me make sound decisions. I cannot stress enough how important your role was in my selection process. As my company expands, you will continue to be the person I contact for guidance.
–Owner of Town Car and Limousine Service in the Minneapolis / St. Paul Metro Area
Large Banquet Center
From the moment I told you I was interested in locating a larger banquet facility, you were extremely helpful in my search. Your assistance was invaluable in my efforts to evaluate all four of the acquisitions I seriously considered. The possible sites included two mansions, one very large restaurant, and the place I eventually purchased. You prepared financial projections, suggested creative seller financing structures, and counseled me on the possibility of bank financing. You even went with me to the bank to help me negotiate a loan. Thank you for your patience, professionalism, and all of your extra effort. I’m sure the new banquet facility will be very successful.
–Owner of a Large Banquet Facility in Downtown St. Paul with
500 Guest Capacity
Health Care Facility
While pursuing a career and enjoying the perks of working for a large company, I never considered owning my own business. When I learned of an opportunity to acquire an outpatient treatment center, I was unsure where to start. You helped me interpret the seller’s financial information and prepare financial projections that I could easily understand. You identified the fact that a large portion of the company’s existing business would not transfer to me after the purchase. As a result, you helped me negotiate a price that was less than half of the seller’s original asking price. You also helped me negotiate seller financing that enabled me to purchase the business with very little money down. Your services throughout the negotiation helped me make sound decisions, and our projections proved to be very accurate. I never would have had the courage to go ahead without your expertise, patience, and encouragement.
–Owner of an Outpatient Treatment Center in Downtown St. Paul
Financial Services Franchise
Like many Americans, I was nursing the dream of owning my own business and becoming my own boss, but I didn't know how to proceed. When I decided to open a check cashing franchise in the Twin Cities, I was faced with the difficulty of raising funds. A Wells Fargo Bank Vice President referred me to you, and you helped me with a business plan and financial projections. As a result, I was finally able to secure the funding I needed to open the franchise. You continued to work with me all the way through our grand opening, including helping me with licensing issues with the city. Based on my experience, I would definitely recommend Jim Faricy to anyone looking for a dedicated, trustworthy consultant who truly cares. Thank you for the hard work, dedication and guidance.
–Owner of a National Check Cashing Franchise New to the Twin Cities
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