skill-set versus investment
The retail industry is the UKs largest private sector employer, employing nearly 3 million people. So whether you are looking for a clothes store, fashion or beauty shop or sandwich shop franchises there is one to suit all skillsets and budgets.
Let’s look at sandwich ooptions for example, the big sandwich shop could have a low initial fee or approximately £15,000 but it is going to cost around £100,000 to start your business with at least 30 per cent from you ad 50-70 per cent from the bank.
According to whichfranchise.com if we look at the largest sandwich versions in the UK and Ireland, Subway says “you are in business for yourself, not by yourself.
The first Subway store was opened in 1965 by Fred De Luca and Dr Peter Buck. It was the first of 44,000 store locations in more than 110 countries. Today, in the UK and Ireland alone, there are more than 2,300 locations. The first of this chain opened in the UK in 1996”.
The cost allows the franchisee help with store location and décor, training, marketing, ongoing support, and great, well known products and brand.
Variations of opportunity
Other food outlets like a fresh salad restaurant could cost from £80,000 to £150,000 once the store is fitted out and up and running. The big burger restaurants can be anything from £150,000 to £400,000 with usually 25 per cent up front and the rest can be by bank loan.
Choosing healthy sandwich version is big business now as more and more people are short on time and want healthy options and often prefer to run into the more well-known sandwich shop franchises or quick service restaurants to grab their lunch.
Dog food and other pet food and services are big business too, looking at a store whether it is an online home delivery service starting from around £10,000 or shop location; it is possible to find a retail franchise business that would suit any interests or background.
There are snack box delivery opportunities or mobile coffee opportunities. Not to mention of course big café and coffee shop style quick service restaurant and sandwich options.
There are sandwich shop stores selling baps or baguettes and sandwiches on wheels, and don’t forget the all-important pizza store and delivery services.
Don’t only consider a franchise shop front with a high street or shopping centre location but look at online store options too as many people prefer to browse items online and are happy to wait for them to be conveniently delivered to their home.
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