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Become a Franchise Owner in Manchester, UK
If you’re looking to run a business in Manchester, you’ve got several routes to choose from. Whether you’re looking to buy a business for sale in Manchester or invest in a franchise, we’ve got you covered. Starting up a business from scratch is also a good idea if you want full control, however starting up independently doesn’t give you the support you may prefer to have like with franchising.
Manchester is one of the best places to open a franchise in the UK. Thanks to a diverse and eclectic mix of independent businesses, there is still a lot of potential for expansion when it comes to recognised brands. Financially times are tough right now, and its commonplace that residents will look for affordability and brands they trust. And thanks to increased buying power and brand recognition, franchises are well positioned to deliver on these promises. If you’re looking to start up a business which carries a recognised brand, buying a franchise in Manchester is a good idea.
Benefits of Investing in a Franchise in Manchester
Each route to business ownership has its own pros and cons. Starting up a business from scratch gives you full control, but it leaves you open to potential mistakes and pitfalls. Franchising mitigates this by providing you with full training and support. Whether you wish to start up a business alone, or buy an existing business for sale in Manchester, there are plenty of resources out there for you. This includes the Federation of Small Business, and your local chamber of commerce. While each route has its own benefits, let’s explore the benefits of franchising, which carries a 93% success rate for franchisees reporting profitability.
Firstly the biggest benefit is a ready to go business model. Franchising is a way of scaling a business model in a way that is seamless and has minimal variations. All franchisees follow the same operations manual, deliver the same products and reflect similarly on pricing of services (although franchisees do have control over the pricing for the most part).
Secondly, you get immediate access to partners and suppliers. No struggle finding trade prices and wholesalers. You are a part of a network of franchisees who use the same supplier. The supplier, benefitting from this strong chain of service, in returns gives you increased buying power. Then in turn you can price your services in Manchester at competitive rates.
Ongoing you’ll likely pay royalty fees which cover continued access to the brand, but these royalty fees often cover national group marketing too. TV advertising and lead gen for example. TV advertising simply isn’t viable for independent businesses due to costs. All franchisees contribute to this marketing pot, enabling bigger, more powerful advertising.
Other benefits include everything you need to get up and running, plus a wealth of support if you need it, from the British Franchise Association, consultants, franchise suppliers and directories.
Discover Entrepreneurship in Manchester UK
Manchester, often hailed as the UK's second city and a powerhouse of innovation, offers a fertile environment for entrepreneurship and franchising. This dynamic city, with its rich industrial heritage, has transformed into a vibrant hub for business, culture, and technology, making it an attractive destination for entrepreneurs and franchisees alike. Manchester's thriving economy, bolstered by sectors such as digital technology, creative media, and finance, provides a robust backdrop for those looking to start or expand a business through franchising.
The allure of franchising in Manchester lies in the city's supportive ecosystem for businesses. With a plethora of networking events, business expos, and seminars regularly held in the city, franchisees and franchisors alike have ample opportunities to connect, learn, and grow. Organisations such as the Greater Manchester Chamber of Commerce and the Manchester Enterprise Centre offer resources and support tailored to the needs of franchisors and franchisees, including advice on legal matters, marketing, and financial planning.
Manchester's diverse and growing population serves as an ideal customer base for a wide range of franchise businesses. From food and beverage to retail, education, and health and fitness, the demand for varied services is high. The city's cosmopolitan nature and appetite for new, innovative offerings make it a testing ground for franchise concepts looking to establish a foothold or expand their presence.
The city's infrastructure also plays a critical role in the success of franchising ventures. With extensive transport links, including a major airport, railway stations, and a comprehensive tram and bus network, Manchester offers excellent connectivity. This not only facilitates easy access for customers but also simplifies logistics for businesses that require distribution and delivery services.
Moreover, Manchester's commitment to economic development and regeneration projects continues to attract investment and talent to the city. This ongoing growth creates a dynamic business environment where franchising ventures can thrive. The city's focus on innovation, particularly in the tech and creative sectors, provides additional opportunities for franchises that leverage new technologies and digital platforms.
In conclusion, Manchester presents a compelling proposition for entrepreneurs and franchisees. The combination of a supportive business environment, a diverse customer base, excellent infrastructure, and a focus on innovation makes Manchester a prime location for franchising ventures. Whether you're looking to start a new franchise or expand an existing one, Manchester offers the resources, community, and market potential to help your business succeed.
Best Franchises For Sale in Manchester
Whether you’re looking to run a premises, home or van based business in Manchester, there are a range of opportunities that should meet your interests. Running a business in Manchester can prove very profitable, provided you’re able to put the effort in. Whatever your motivations for running a business, franchising offers many benefits.
The Best Sport and Fitness Franchises in Manchester
Sports and fitness franchises are in booming demand. They’re evolving at a rapid pace and with many different types of opportunities available, the inspiration and potential customer reach is endless. From childrens yoga to dance, active fitness franchises to EMS gyms. Whether you have a premises or are interested in working with your community to deliver fun activities, from summer sports camps to indoor go-karting there are lots of sports franchise opportunities in Manchester.
Sports and fitness activity franchises in Manchester are amongst the more affordable of the sector to start. You shouldn’t expect to pay more than £20,000 franchise investment, and full training and support is provided. You will usually work with local communities to secure grassy areas, community halls or school grounds to carry out your summer holiday events or after school clubs. There are many other variations of these types of franchises, which provide at community events, fairs and parties.
Swimming franchises in Manchester are also in demand, so get in touch with the franchisor to find out if your area is available.
The Best Food Franchises For Sale in Manchester
Mobile coffee and hog roast franchises are perfect examples of top food franchises to run in Manchester, because they benefit from both domestic, B2B catering, corporate catering and event catering opportunities. Unlike premises based businesses, these types of franchises can be booked for events as well as “turn up” at busy commuter hotspots and local Manchester parks. Because franchises benefit from strong marketing presence and brand recognition, setting up a premises based food franchise in Manchester is also a fantastic opportunity to earn a significant turnover.
Some of the top types of food businesses to run in Manchester include:
- Mobile coffee and food franchises, which can provide corporate catering, serve community events and parties and position in high footfall areas.
- Meals on wheels types of franchises, like Oakhouse Foods, Wiltshire Farm Foods and similar brands.
- Premises based food franchises like fast food, Italian food, pizza franchises and the like.
Best Businesses For Sale Manchester
If you’re looking to buy a business for sale in Manchester, why not consider a franchise resale? Established franchised businesses (and some high end franchises) often cost five to six figures to take over and offer cash flow from day one. Resales also benefit from the same training and support all other franchisees receive. Be sure to explore each opportunity carefully and carry out due diligence of the market before purchasing a business in Manchester.
Support For Franchise Opportunities in Manchester
As a franchisee in Manchester, 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 Manchester 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.
Franchise business support services 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 Manchester at Franchise Planet.