Big names big brands
For an investment in the high cost franchises categories we really are looking at the big and most recognisable names, the big burger names and big pizza names. It is not that they are expensive, there is a difference; they are high cost with regard to the entry level.
The fact is that the minimum investment is high but of course it is all relative to the funds set aside to buy it and the big picture of the business person or entrepreneur with an eye on the big prize and the high profit ones.
If we are considering investing in one and looking for high profit, then we do not necessarily have to purchase over £100,000.
There are certainly options to purchase them under 50k. We do not only have fast food options to choose from, there are fitness versions that make a big splash too.
The UK is having huge growth in the fitness industry and franchises are having great success with their 24 hours 7 days a week access in convenient locations.
There are expensive types as far as the entry level fee but one of the fitness types has been number one for the past five years running and this is making them into one of the favourites amongst the high profit franchises.
For anyone looking for them under 50k or high cost ones but high profit, then it is still possible to enter into the fitness industry without having previous experience in the field.
In fact 90 per cent of franchisees are not from the fitness industry. The franchisor will offer full training and support throughout and there is a high skilled team at head office available to answer any questions and other assistance.
With £100,000+ available capital it is possible to take on a fitness version with low cost ongoing fees. As mentioned above, these businesses are not expensive franchises; everything is relative to the style of business the investor is looking for and the available capital and prior business ownership or management experience.
Specify industry interests
To search for high profit options, look through the available investment opportunities, whether they are high cost, or those under 50k and find the business that not only interests you but looks like it is offering the high turnover and high profit that will satisfy your needs.
Even with each industry there is a variety of options available for example in the fast food or restaurant industry there are varying styles of food and styles of service and customer expectations. It may be a drive through burger and fries, healthy take out sandwich, a home delivery pizza or an eat in noodle restaurant. The options and investment levels are endless.
More and more people are turning to high profit franchises over stand-alone independent businesses. Often there is a minimum amount of available funding that is required and the balance can be achieved through finance.
It is vital that you find the right business opportunity for you and that your purchase is a wise investment. Enter your details with Approved Franchises on the form above and compare a range of UK based businesses all in one place. Save yourself some time and money and use the free service and expert advice from us.