The largest manufacturing sector in the UK is the food and beverage industry and accounts for 7 per cent of the GDP. The food and beverage industry turns over an enormous £80 billion a year.
In the UK, products relating to health and beauty constitute 6 per cent of all retail sales, and we spend over £50 billion on online retails sales per year. It seems that we are a nation of shoppers and consumers and that is not even considering the amount of services we have to purchase because we simply do not have the time to do half of the jobs ourselves that used to be considered household chores.
There are over 550,000 people working for UK franchises and the industry has grown by 11 per cent since the downturn in the economy in 2008.
Over a third of businesses employ 10 or more staff. So it appears franchising is definitely a safe bet especially considering 95 per cent of them are still in business and operating successfully after being in business for 5 years.
When we are looking at franchise resale opportunities it perhaps adds that extra little touch of security knowing that there are already existing customers so it is possible to walk straight in to an income producing business.
A resale will already be set up in a prominent location and its customers will not be concerned that the resale has been taken over only that it is still there.
As mentioned earlier we are a busy nation and we simply do not have the time to start researching for a new provider. We are happy to know where something is, that we are happy with their product or service and nip straight in on the way home from work or whatever the case may be.
Another benefit not just of resale opportunities but a franchise in general is that if an existing customer is already familiar with the layout of a store or the ordering process for example, then it will be the same in every store. The same goes with resales, the customer is happy to have the same product without any disruption.
Consider the options
A resale business for sale is a sure-fire way of knowing how profitable that particular business is because the books and figures are there to discuss as part of the investment cost of the resale business for sale.
Take a look at franchise resale opportunities to discover if there is an existing business close to you that you feel warrants further investigation. Look at resale opportunities in your local area and if you do not find the right one for you then it may be worth looking at new business opportunities.
Start your research now by entering your details above with Approved Franchises. It will only take a moment and you will be able to use their free service to compare UK based companies.
Choosing the right franchise is vital, not only for a wise investment but to ensure it fits comfortably within your budget and suits your skill set and goals for your future. Take a moment to fill in your details and receive expert advice from our site.