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Best franchises for sale in Lisburn
Becoming a franchise owner in Lisburn is a great way to get into business ownership. You get access to a full business launch package, training and support and an established brand. In exchange for the franchise investment, you get to run the business as your own entity in Lisburn. This has its advantages over the likes of employment because you are in full control of your career and future. Not to mention your earnings, which can be scaled in line with your ambitions. There are over 1,300 franchises in the UK now, a figure constantly on the rise. Many of which are still available to run and operate in Lisburn.
Some of the best franchises to own in Lisburn can be invested in from less than 10K. Whilst higher end franchises like fast food and premises based retail unit franchises can be invested in from less than 50k. The best franchises in Lisburn will be those that you enjoy running and can see yourself owning for at least 5 to 10 years.
Becoming a franchise owner has its advantages over starting up in independent business as well. Where starting up a business alone gives you full control over the brand. It leaves you open to potential mistakes and pitfalls that beginners will make. Even experienced entrepreneurs make mistakes and whilst independent business ownership carries an average success rate of 79%, franchising success rate is generally quoted around 93%. Becoming a franchise owner is a no brainer due to the support and access to an established business model.
Browse the best franchise opportunities in Lisburn at Franchise Planet.
Franchise Opportunities in Lisburn – The Benefits
Franchise businesses are scalable and they all follow the same guidelines sell the same products and share the same values. Franchise business models have been designed to be replicated across multiple areas with minimal variation to ensure consistency, which in turn leads to a higher success rate. By following the same principles and operations manual, this means a clearer picture on the probability of success can be given to future franchisees. Profits and losses can be realised enabling franchisees to aim for targets.
Franchisees will all use the same supplier which enables them to benefit from group purchasing power. This means that when all franchisees use the same supplier the supplier is in turn able to reward this loyalty by offering discounted production services. As a result of this, franchisees can deliver their end product and services at prices lower than their competition. If the nature of the franchise already appears to be somewhat saturated in Lisburn, there is still market gap which is why despite the competition franchisors are keen to cover the entire UK. If competition exists, this clearly shows demand for a service! This leads us to the next point; brand recognition.
Franchise networks benefit from power of brand with all franchisees contributing to a group marketing fund, franchisors can use royalty fees to promote the franchise network via media streams like television and radio that shouldn't be wouldn't be viable for independent local businesses. Building up strong brand recognition franchisees benefit from strong reputation established by all franchises. Which means starting up a business via franchising gives you an immediate boost in Lisburn compared to starting up a business from scratch.
Businesses For Sale Lisburn UK
Another brilliant choice if you’re looking to get a head start into business ownership is buying an existing business. Sometimes there will be businesses for sale in Lisburn and often these will be franchise resales. A franchise resale is where an existing franchisee is looking to sell their Lisburn territory to another franchisee. That’s right, once you decide to move on after reaping the lucrative rewards of franchising, the business is yours to sell on! Franchise resales still give you the full training and support that franchisees are entitled to. What’s more, you get a fully established business model already marketed in Lisburn, along with a customer client base. Although the cost of the business is often five to six figures, the turning factor is that cashflow is immediate from day one.
Discover Entrepreneurship in Lisburn
Entrepreneurship in Lisburn, a vibrant city located in Northern Ireland, is marked by a dynamic blend of tradition and innovation. With its strategic position near Belfast and access to major transportation networks, Lisburn offers a fertile environment for entrepreneurs looking to start or expand their businesses. The city's economy, historically rooted in linen production, has diversified into sectors such as retail, manufacturing, and technology, presenting a broad spectrum of opportunities for innovative ventures.
Lisburn's commitment to supporting entrepreneurship is evident through its investment in infrastructure, business parks, and enterprise centres designed to foster growth and innovation. The Lisburn Enterprise Organisation, for example, provides invaluable resources such as mentoring, training, and networking opportunities for startups and established businesses alike. These initiatives are complemented by financial support mechanisms available through local government and private investment, aimed at stimulating business development and economic growth.
The retail sector in Lisburn thrives, anchored by the Bow Street Mall and Sprucefield Shopping Centre, drawing consumers from across the region. This vibrant retail landscape offers ample opportunities for entrepreneurs in the retail and service industries to tap into a wide customer base. Furthermore, the city's push towards digital transformation and technology has opened new avenues for tech entrepreneurs, with a growing emphasis on digital services, software development, and innovation.
Moreover, Lisburn's community spirit and collaborative environment encourage networking and partnerships among businesses, fostering a supportive ecosystem where entrepreneurs can thrive. The city's quality of life, combined with its business-friendly climate, makes Lisburn an attractive location for entrepreneurs seeking a balance between professional success and personal well-being.
In conclusion, Lisburn stands out as a hub for entrepreneurship in Northern Ireland, offering a supportive environment for business growth. With its strategic location, diverse economy, and robust support systems, Lisburn provides a promising landscape for entrepreneurs to innovate, succeed, and contribute to the local economy.
Most Profitable Franchises in Lisburn
Ultimately the most profitable franchise opportunities in Lisburn will depend on multiple factors. The factors that influence profitability of a franchise include:
Location - While van and home based / internet businesses are less susceptible to location influenced profitability, a van franchise territory which spans upwards covering more miles than one that covers greater radial area will use more miles, more fuel, than one with more clients in a specific density. While van franchises in Lisburn should generally be fairly profitable, ask the franchisor for exact mapping so you can judge how far you may need to travel for some clients. To make van franchises profitable, bundle bookings of clients who are near to each other in a single day.
Your Own Efforts – Fairly obvious one. The harder you work, the more you’ll benefit. Some franchises in Lisburn are more profitable than others.
Lets take a look at some of the most profitable types of UK franchises that can be run in Lisburn.
Most Profitable Van Franchises For Sale in Lisburn
Van franchises are widely considered to have low overheads and high returns. A vast number of options when it comes to buying a van, the full investment of many van franchises in Lisburn can be less than £30K. Oven cleaning, window cleaning and windscreen repair are prime examples of these affordable opportunities which carry high potential returns. With a van, you visit clients, and the number of bookings you fit into your week depends on your own commitments. Widely regarded as having an unlimited earning potential, these types of franchises enable franchisees to take on more staff, more vans and make the most of their – and neighbouring territories if available to buy, if they wish. The typical investment of an oven cleaning franchise is around £10K - £15K. When you take into consideration that a dip tank costs around £2-3k, van conversion and tank fitting also similar figure, plus a week training, marketing materials, a website, all included, this figure justifies what’s included. Add on another £5k for the van, and you’ve got a van franchise under £25K. Many van franchisees don’t find it particularly difficult to earn £2k+ in a month, so therefore running a van franchise in Lisburn should be fairly profitable.
Most Profitable Food Franchises in Lisburn
Coffee and fast food remains a top choice for entrepreneurs in Lisburn and there is still a lot of opportunity. From peri peri franchises to mobile coffee, demand in Lisburn is constantly growing. Coffee franchises in Lisburn are rapidly developing and the opportunity to get into this market can be yours for less than £30K. Franchises like Really Awesome Coffee and Coffee Blue are mobile coffee franchises, utilising a converted van selling coffee in high footfall areas. Plus booking onto local events in Lisburn such as fairs, parties and weddings. With multiple revenue streams, food franchises like mobile coffee, corporate catering and hog roast remain some of the most profitable franchises to run in Lisburn.
Other highly profitable food franchises in Lisburn include:
- Italian Food and Pizza Franchises in Lisburn
- Bubble Tea Franchises For Sale in Lisburn
- Ice Cream Franchises in Lisburn
Support For Franchise Opportunities in
As a franchisee in Lisburn, you will benefit from initial training and ongoing support from the franchisor. This might include R&D and development towards new products and services, keeping your business inline with the latest trends. The training you receive covers all aspects of the business, its practices and in detail the franchise operations manual. There are many resources out there including the British Franchise Association, to help new entrepreneurs entering the world of business ownership via franchising. The British Franchise Association for example, have a number of franchise training courses. As well as monthly Power Hour zoom calls to help you understand franchising in much more complexity, but the 40+ regulars on the call including bfa board, franchisors and advisors, will be happy to answer even the most novice of queries.
Spend time exploring franchise consultants within Lisburn as well as legal advisors, who will support you in making the right decision. It is important to work with a franchise consultant to review the franchise agreements.
Businesses like the Federation of Small Businesses actively work with startups and franchisees alike, providing tax help, employment help, business documentation templates and so much more. There is so much support available to you. If you’re looking to get into business ownership, why not consider franchising?
Discover franchises opportunities in Lisburn at Franchise Planet.