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London is arguably the economic powerhouse of Europe, and its influence radiates out across the UK, which is why there are few places better to be involved in franchising. The appeal of London has meant that they have more franchise systems present in than city that any other region in the UK. Giving more choice to those thinking of buying a franchise. London has a 72% presence of all franchise systems; indexed on UK population, the regional distribution of franchise units is 150%.
Franchising in London is valued at £3.1 billion; which is an 8% change in implied annual turnover from franchising.
Once you decide to start a franchise in London you will access to an abundance of talent, allowing you to choose the right people to come and work for you. And, depending on the type of franchise you are operating, your target market might not be just the 8 million people who live in London but could also be the 19 million tourists a year that visit the city.
Shobhna Jesa, a Great British Franchisee Winner of 2022, worked in a luxury diamond wholesale company before becoming a franchisee for The Christmas Decorators. Moving to London to open her own jewellery company, Shobhna started to look at other opportunities that she could do alongside her business. “I initially believed it to be a seasonal business which I could do in the winter months, but I have been swept off my feet with the success I have experienced year round, so much so that I never returned to the jewellery trade.”
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Kalpesh and Meeta Raja took over the Awesome Chips store in Wood Green in 2019. Having previously run successful petrol forecourts and been involved in growing a juice bar franchise it was time to try something different!
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Mai Nghiem has recently joined the TaxAssist Accountants network covering the Streatham area. A qualified Chartered Accountant, Mai has long held the ambition to run her own practice and is looking forward to introducing herself and explaining more about her range of services to small businesses and individual taxpayers.
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Gong cha, one of the world’s fastest-growing global tea brands, is pleased to announce the launch of its first dark kitchen in the UK, located in Kingsbury, London.
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LONDON’s thriving dessert franchise Heavenly Desserts is welcoming a brand new restaurant in the ‘sweet spot’ of the city’s most visited tourist area, Baker Street, Marylebone.
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Mathnasium of Stanmore, under the leadership of Mihir Shah, will be opening its doors at 413 Honeypot Lane, Stanmore on Monday 6th June, bringing fun and effective supplementary maths programmes to local children in Years 1 to 11. This marks the second of a trio of new openings in recent months with the Whetstone centre having launched in March and a new centre planned for Bromley also opening in the coming weeks.
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If you have a question regarding buying a franchise, selling a franchise or setting up a franchise, we have a panel of experts on hand who would be happy to give you some FREE initial advice. Any questions you send via our expert section will be treated in the strictest of confidence and only passed to the expert(s) you have selected. The expert will contact you directly with their answer; your question and response will not be made public.
Undoubtedly one of the most beneficial steps in your research to buying a franchise in London is speaking to existing franchisees. Not only will it help to clarify the role of a franchisee for a specific franchise opportunity, but it allows to you to ask valuable questions to identify what it is REALLY like being a franchisee. Who else can tell it better than someone who has been through the same franchise journey as you? Questions to ask a franchisee...
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