Franchises For Sale in Plymouth

Become a Franchise Owner in Plymouth, UK

If you’re looking to run a business in Plymouth, you’ve got several routes to choose from. Whether you’re looking to buy a business for sale in Plymouth 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.

Plymouth 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 Plymouth is a good idea.

Benefits of Investing in a Franchise in Plymouth

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 Plymouth, 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 Plymouth 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 Plymouth UK

Entrepreneurship in Plymouth represents a vibrant and crucial component of the city's economy, showcasing the city's unique blend of historical significance and modern innovation. Situated on the south coast of England, Plymouth has a rich maritime heritage that has evolved to include a broad spectrum of entrepreneurial ventures, from marine science and engineering to digital technology and creative industries. This evolution is underpinned by the city's strategic focus on innovation, sustainability, and a strong support network for businesses.

The entrepreneurial ecosystem in Plymouth is characterized by a collaborative approach, with various institutions and initiatives working together to support startups and SMEs. The University of Plymouth plays a pivotal role, offering resources, expertise, and facilities to foster entrepreneurship among students and the wider community. Its Enterprise Solutions service provides access to business support, funding advice, and networking opportunities, contributing to the nurturing of new and innovative business ideas.

Plymouth Science Park and the Marine Business Technology Centre are examples of the city's commitment to supporting high-tech and marine industries, offering state-of-the-art facilities and business support services. These hubs are instrumental in driving research, development, and commercialization in key sectors, fostering a culture of innovation and collaboration.

Local government initiatives and business networks in Plymouth also provide crucial support, including access to finance, mentorship, and training programs. Events such as the Plymouth Startup Weekend encourage entrepreneurship and innovation, providing a platform for entrepreneurs to pitch their ideas and gain valuable feedback.

Despite the challenges of navigating economic uncertainties and the competitive business landscape, Plymouth's entrepreneurs are resilient and optimistic. The city's supportive ecosystem, combined with its strategic focus on sectors such as marine technology and digital innovation, positions Plymouth as a dynamic hub for entrepreneurship. As the city continues to grow and diversify its economy, the spirit of entrepreneurship remains a driving force behind its success and vitality.

Best Franchises For Sale in Plymouth

Whether you’re looking to run a premises, home or van based business in Plymouth, there are a range of opportunities that should meet your interests. Running a business in Plymouth 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 Plymouth

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 Plymouth.

Sports and fitness activity franchises in Plymouth 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 Plymouth 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 Plymouth

Mobile coffee and hog roast franchises are perfect examples of food franchises to run in Plymouth, 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 Plymouth parks. Because franchises benefit from strong marketing presence and brand recognition, setting up a premises based food franchise in Plymouth is also a fantastic opportunity to earn a significant turnover.

Some of the top types of food businesses to run in Plymouth 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 Plymouth

If you’re looking to buy a business for sale in Plymouth, why not consider a franchise resale? Established franchised businesses usually 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 Plymouth.

Support For Franchise Opportunities in Plymouth

As a franchisee in Plymouth, 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 Plymouth 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 Plymouth at Franchise Planet.

Franchises in Devon are often split up by postcode. Often your franchise territory will be made up of a number of different postcodes and cities around the Plymouth area. Therefore you might find that your ideal franchise covers a number of other districts around you. Why not explore some of these neighbouring towns in your area?

• Franchises for sale in Devon
• Franchises for sale in Princetown
• Franchises for sale in Exeter
• Franchises for sale in Plymouth
• Franchises for sale in Okehampton

Although a franchise may not be listed in our Plymouth franchise directory, it doesn't mean they're not recruiting franchisees in Plymouth.
Franchises are only listed in our Plymouth directory if they're a franchise resale, or if they're specifically interested in recruiting franchisees in Plymouth. If they're not listed above, then there's a good chance they're open to enquiries from all areas. Progress with your search by using the industry list menu and search by type.