Murphy Business & Financial Corp. recruits its 100th franchisee
Murphy Business & Financial Corporation has announced that its business brokerage firm’s growth has reached an important milestone with the signing of its 100th franchisee, a husband and wife team in Glendale/Peoria, Ariz., Lynn and Wendi Miller.
According to the information provided, Roger Murphy, president and CEO of Murphy Business, decided in late 2006 – after building a successful business brokerage operation in Florida – to apply his business model nationally by franchising its methodology. The services provided by the franchisees include business sales, franchise sales, buyer searches, M&A, valuation, business consulting, commercial realty, and machinery and equipment appraisal and brokerage.
Murphy’s franchise organization now includes 100 single unit franchisees supported by 21 regional franchisees. These regional franchisees, all with significant previous experience as business brokers, have been hand-picked by Murphy for their ability to motivate, coach and supervise the local franchisees.
“We are ahead of schedule on our anticipated growth,” Murphy says. “Our goal for the next three years is to hit 250 franchises, and then in five years we hope to be between 400 and 500.” (kbp)
Murphy Business (USA)
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