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Explore the benefits of buying an existing franchise

Thinking of getting a franchise? According to the 2018 bfa/Natwest survey Franchising in the UK is growing; there are over 900 Franchise Systems with an estimated 48,600 units. Franchising contributes in excess of £17 billion pounds to the UK economy, up over £2 billion since the last survey in 2015.

With so many franchise businesses operating in the UK there are more and more opportunities to buy an existing, established franchise business as opposed to a new ‘start up’ business and there are many good reasons why this should be considered if you are looking to get into franchising.

The benefits of buying a franchise business

Speed

It can be quicker and easier to buy an existing business as opposed to new

Customers

Established customer base

Opportunity

Opportunity to grow from an established base

Efficiency

No need to recruit or buy expensive new kit

Marketing

Don’t have to market the business from scratch

Funding

Potentially easier access to funding

Support

Still have the same level of support from the Franchisor

Chantry

If you are interested in buying a ready-made, established business, get in touch – we can help!

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