In this article, we look at what is the most profitable franchise to own in the UK.
The franchise industry makes billions of pounds every year in the UK, and this figure is growing by the month. However, it is still an area of business that is murky to most of us, meaning that when we decide to take a leap and get a franchise, we are left uncertain over which one to get.
Rather than jumping in, headfirst, it’s always a good idea to look for well-established franchises as these often offer the best profits and support packages. The possible downside of this form of franchising is the huge initial costs that you will be required to pay for such established brands.
The Best Franchises in the UK
The good news is that many of the most profitable opportunities come with small investment fees so that you can get access to them without huge amounts of money in the bank. By investing a small amount in the first place, you are likely to enjoy high returns, but only if you choose the best franchise in the first place.
Take a look at some of the most profitable franchise to own in the UK right now.
Financial Services
The financial world is incredibly diverse but also hugely profitable. With sectors that include debt management, accountancy, pensions and financial planning, there is major scope for anyone with experience in this area to turn a franchise into a profitable enterprise.
It’s best if you have a wealth of UK financial knowledge under your belt as this will save you a lot of training time and allow you to get straight into making a profit.
The most popular finance-based franchises in the UK currently include:
- Maplebrook Wills with a £12,500 minimum investment
- AIMS Accountants costing only £5,000 initially
- Brokerplan at £5,995
- Rosemary Bookkeeping that cost £8,970
- Funding Nav that requires a £14,000 investment
Cleaning & Home Improvement Services
Many of us want easy access to a cleaner or handyman when it comes to keeping our homes in shape, and this industry has exploded with many new and exciting franchise opportunities.
If you are not averse to some hard, manual work, then this type of company may be the best choice for you. Home and cleaning services make up a large part of the UK economy and buying into a decent franchise means that you have the potential to earn plenty of money.
Check out these popular franchises if you want a business in this industry:
- Apollo Blinds asks for a £17,000 buy-in
- Drain Doctor Plumbing needs a £35,000 investment
- Lawnkeeper is just £15,000
- Ovenu costs just £4,995
- The Wooden Floor Store costs £40,000
Children’s Services
There is a huge demand for parents to use many of the children’s classes that are on offer, from pre-school to extra-curricular opportunities. Gone are the days where a group of parents would meet for a coffee and a chat, now we have many different group options that are created to help expand the horizons of the next generation.
If you have experience working with children and want to get your own business off the ground, then a Children’s Franchise may be the best option for you to consider if you’re looking for the most profitable franchise to own.
We’ve found some of the best choices that will offer you a great profit:
- Razzamataz Theatre Schools asks for a £9,000 investment
- Fresh Arts comes in at £12,995
- Delightful Divas is only £5,000 to get started
- Children Inspired by Yoga will set you back £10,000
- BabyBeats requires £5,000 to get up and running.
Pet Care Services
The pet care industry exploded a few years ago when people realised; they could have the pet of their dreams without worrying about how they would look after them when they were in work.
This type of franchise covers everything from pet sitting, walking and grooming and will require you to have a love of animals in order to be successful. Many pet care franchises are turning a huge profit, so if you are interested in making this your career, it is a great idea when looking for the most profitable franchise to own.
These are some of the most popular pet care franchises on the market right now:
- Petpals costs £12,500 for the initial investment
- Barking Mad is just £15,400 for the franchise fee
- My Best Friend requires a £5,999 fee to start
- Trophy Pet Foods asks for an investment of £13,995
- Petstay has a minimum investment of £9,995 to get off the ground
Fitness Services
In a world where everyone wants to get fitter, there is a huge range of fitness franchises open for business. From personal trainers to private gyms, many fitness fiends are a perfect choice for this franchise opportunity.
If you are passionate about helping others to become the best version of themselves as well as making a decent profit, then it is worth considering a franchise in this industry.
Take a look at some of the most profitable franchises on the market right now:
- Active Soccer will cost you just £4,995 to get started
- Progressive Sports is just £7,950 to get off the ground
- One Element costs as little as £4,000 to invest
- LighterLife only needs you to commit to an initial £1,000 investment
- Body Image Bootcamp comes in at just £12,000
Summary
It’s clear that there are many opportunities out there that will give you the chance to earn decent profits. Rather than looking for one specific opportunity, look into the sectors that are making steady profits and then seek a franchise opportunity in that area to find the most profitable franchise to own.
In reality, if you want to be the most successful franchisee, it is always worth finding a franchise in an area that you have proven experience in. By doing this, you will have a step up before you even get started and will understand how the industry works so that you can make it work well for you.
