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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.
Reaching a pivotal point in her career, Priya Purryag was looking for a new business opportunity where she could become self-employed while also in a role that she could use her linguistic skills. For this a route into franchising ticked all the boxes. Discovering the Lingotot franchise allowed Priya to have the security of working with a successful business model, run and grow her own business while still using her skills and creativity.
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Fed up with not getting to spend quality time with her family, Sarah Canavan left the banking industry after 9 years. Sarah was introduced to Lingotot by a friend who ran her own Lingotot franchise. Realising it was a great opportunity to use her language skills, Sarah started working for a local Lingotot centre as a tutor before going on to become their Operations Manager. Seeing massive potential in the brand, Sarah was keen to start her own Lingotot franchise.
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Camile Thai Kitchen, the healthy online delivery restaurant chain, have announced that they are opening 2 new London outlets in Islington and Croydon. This will bring the total of Camile’s in London to six.
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Leading pizza franchise, Papa John’s, has announced franchisee Abassin Badshah has opened in Bromley, London. Former Papa John’s delivery driver Abassin who joined Papa John’s in 2002, now employs more than 30 local people across his two outlets in Catford and Bromley.
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Leading pizza franchise, Papa John’s, has opened in Putney, South West London. The store opening follows recent new launches across the UK, in locations including: Manchester, Halesowen, Dunfermline, Sunderland and Halifax.
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Leading greeting card publisher and franchisor, Card Connection has today announced that Hanish Patel has taken over its London territory. Hanish will now supply Card Connection’s extensive range of quality greetings cards and accessories to 285 stores in Central and North West London.
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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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