Franchises Under £100k

What can you get for under £100k?A budget of up to £100,000 opens up most of the UK franchise market. At the lower end you will find home-based and van-based services, tutoring, coaching and B2B models that need little more than training, equipment and a launch marketing budget. Towards the top of the range you reach care, recruitment, food and retail concepts, some with premises and staff from day one.What does the investment usually cover?The figure shown on each listing is the franchisor's starting investment. It normally includes the initial franchise fee, training, launch support and any equipment or vehicle package. Premises, fit-out, stock and working capital are sometimes extra, so ask each franchisor for a full breakdown and a realistic view of the working capital you will need until the business breaks even.Can I borrow to buy a franchise?Yes. The high street banks with franchise teams will often lend up to around 70% of the total cost for an established brand, so a £60,000 franchise may need roughly £18,000 to £20,000 of your own money. British Franchise Association members tend to find lending easier to secure. A clear business plan makes a real difference to how a lender views your application.What should you check before buying?Look past the headline fee to the ongoing management service fee and marketing levy, the length of the agreement, the size of the territory and how many franchisees are trading profitably. Speak to at least three existing franchisees and have the agreement reviewed by a specialist franchise lawyer before you sign. Enquire through any listing above for a prospectus and territory details.

Can't find what you're looking for? Browse all 70 franchise opportunities on Franchise Planet.