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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