{"id":9832,"date":"2024-03-30T09:00:08","date_gmt":"2024-03-30T09:00:08","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=9832"},"modified":"2024-04-25T12:44:16","modified_gmt":"2024-04-25T11:44:16","slug":"how-many-franchise-opportunities-are-there","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/","title":{"rendered":"How Many Franchise Opportunities Are There?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #101010;color:#101010\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #101010;color:#101010\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#breaking-down-uk-franchise-opportunities\" >Breaking Down UK Franchise Opportunities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#how-many-franchises-are-there-in-the-world\" >How Many Franchises Are There in the World?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#different-types-of-franchises\" >Different Types of Franchises<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#business-format-franchises\" >Business Format Franchises<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#product-or-single-operator-franchises\" >Product Or Single Operator Franchises<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#manufacturing-franchises\" >Manufacturing Franchises<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#the-number-1-franchises-in-the-world\" >The Number 1 Franchises in the World<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#starbucks\" >Starbucks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#7-eleven\" >7-Eleven<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#hertz\" >Hertz<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#pizza-hut\" >Pizza Hut<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#ace-hardware\" >Ace Hardware<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#closed-franchises-the-ones-that-got-away\" >Closed Franchises: The Ones that Got Away<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#blockbuster\" >Blockbuster<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#sbarro-inc\" >Sbarro Inc.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#woolworths\" >Woolworths<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#what-happens-when-a-franchise-goes-under\" >What Happens When A Franchise Goes Under?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#the-future-of-franchising\" >The Future of Franchising<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"#\" data-href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-many-franchise-opportunities-are-there\/#how-to-find-low-cost-franchise-opportunities-in-the-uk\" >How to Find Low-Cost Franchise Opportunities in the UK<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>Franchising is accelerating globally, introducing a large number of <a title=\"franchise opportunities\" href=\"https:\/\/www.franchiselocal.co.uk\/best-franchises-uk\/\">franchise opportunities<\/a> for sale across the world. As a business model known for being <a title=\"recession-proof\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/6-recession-proof-franchises\/\" target=\"_blank\" rel=\"noopener\">recession-proof<\/a>, it is also, as it turns out, pandemic-proof too.<\/p>\n<p>While a huge number of businesses fell victim to the restrictions imposed by <a title=\"COVID-19\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/covid-ready-franchises\/\" target=\"_blank\" rel=\"noopener\">COVID-19<\/a>, the majority of franchise businesses have managed to ride the storm to emerge intact. So how many franchise opportunities are there? Let\u2019s break it down.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"breaking-down-uk-franchise-opportunities\"><\/span>Breaking Down UK Franchise Opportunities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>According to the <a title=\"NatWest British Franchise Association\" href=\"https:\/\/www.thebfa.org\/industry-research\/\" target=\"_blank\" rel=\"noopener\">NatWest British Franchise Association<\/a> (bfa) franchise Survey in 2018, there are <strong>935 franchise opportunities in the UK<\/strong>; around double what there were 20 years ago.<\/p>\n<p>These as a whole contributed \u00a317.2 billion to the UK economy, employing 710,000 people and with 93% of franchisees claiming profitability and less than 1% of <a title=\"franchisors\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/what-is-a-franchisor\/\" target=\"_blank\" rel=\"noopener\">franchisors<\/a> closing per year due to commercial failure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"how-many-franchises-are-there-in-the-world\"><\/span>How Many Franchises Are There in the World?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Across the globe, <strong>one in seven businesses is a franchise<\/strong> \u2013 which equates to around two million franchised companies, employing 19 million people. According to the <a title=\"US Department of Commerce\" href=\"https:\/\/www.commerce.gov\/data-and-reports\" target=\"_blank\" rel=\"noopener\">US Department of Commerce<\/a>, franchising contributes a <strong>staggering $2.3 trillion to the global economy every year<\/strong>.<\/p>\n<p>These figures give you a pretty good idea of just how strong the <a title=\"franchise business model\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-good-is-the-franchise-model-business\/\" target=\"_blank\" rel=\"noopener\">franchise business model<\/a> is \u2013 and how many opportunities are out there if you know where to look.<\/p>\n<p><a title=\"Franchising\" href=\"https:\/\/www.franchiselocal.co.uk\/ultimate-guide-to-franchising\/\" target=\"_blank\" rel=\"noopener\">Franchising<\/a> is certainly a win-win for both franchisor and <a title=\"franchisee\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/franchisee-definition-and-advantages\/\" target=\"_blank\" rel=\"noopener\">franchisee<\/a> as the former is able to expand quickly (and internationally) in this manner whilst the latter enjoys all of the benefits of owning and running their own company without the inherent risks of starting from scratch.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" td-center aligncenter wp-image-21925 size-large\" title=\"How Many Franchise Opportunities Are There Infographic | Franchise Local\" src=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1024x734.png\" alt=\"How Many Franchise Opportunities Are There Infographic | Franchise Local\" width=\"696\" height=\"499\" srcset=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1024x734.png 1024w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-300x215.png 300w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-768x550.png 768w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1536x1100.png 1536w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-586x420.png 586w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1173x840.png 1173w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-150x107.png 150w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-600x430.png 600w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-696x499.png 696w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1392x997.png 1392w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min-1068x765.png 1068w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Info_How-Many-Franchise-Opportunities-Are-There-min.png 1809w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"different-types-of-franchises\"><\/span>Different Types of Franchises<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In order to get a full understanding of the <a title=\"franchise industry\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/\" target=\"_blank\" rel=\"noopener\">franchise industry<\/a>, let\u2019s first take a look at the different kinds of franchise businesses that are commonly available:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"business-format-franchises\"><\/span>Business Format Franchises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This incredibly popular type of franchise works based on the basis that an individual can \u2018buy-in\u2019 to an established brand.<\/p>\n<p>The individual (the franchisee) will usually pay an upfront fee plus a <a title=\"royalty\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/franchise-royalty-fees-what-are-they-and-how-much-should-they-be\/\" target=\"_blank\" rel=\"noopener\">royalty<\/a> to the brand and will, in return, receive permission to use the brand\u2019s logos and trademarks as well as ongoing support in running their franchise business.<\/p>\n<p>An example of a business format franchise would be <a title=\"Subway\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/subway-franchise-cost-in-the-uk\/\" target=\"_blank\" rel=\"noopener\">Subway<\/a>, a brand that has been replicated the world over.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"product-or-single-operator-franchises\"><\/span>Product Or Single Operator Franchises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>This kind of franchise model is a great choice for those who are <a title=\"dipping their toes into the business world\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-to-start-a-franchise-with-no-money\/\" target=\"_blank\" rel=\"noopener\">dipping their toes into the business world<\/a> for the first time, as the initial investment tends to be smaller than with the business format.<\/p>\n<p>With this kind of franchise, an independent contractor, for example, a <a title=\"plumber\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/plumbing-franchises\/\" target=\"_blank\" rel=\"noopener\">plumber<\/a>, might invest in a niche franchise within his or her field.<\/p>\n<p>This will give the contractor access to the company branding, uniform and equipment for a reasonably low fee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"manufacturing-franchises\"><\/span>Manufacturing Franchises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A little more complicated, this kind of franchising can be found within a number of industries, including fast food, toys and drink products.<\/p>\n<p>A manufacturing franchise is where a company (franchisor) gives another company (franchisee) the right to manufacture and sell its products, like a soft drink company allowing a bottler to produce and distribute its drinks.<\/p>\n<p>With this kind of franchising, the best example would be a producer of soft drinks who might sell its concentrated syrup along with rights to its branding to a bottling company who will then sell it on to numerous suppliers.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-21929\" title=\"Business people in a meeting | Franchise Local\" src=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-1024x856.png\" alt=\"Business people in a meeting | Franchise Local\" width=\"696\" height=\"582\" srcset=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-1024x856.png 1024w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-300x251.png 300w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-768x642.png 768w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-502x420.png 502w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-1004x840.png 1004w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-150x125.png 150w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-600x502.png 600w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-696x582.png 696w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min-1068x893.png 1068w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body_How-Many-Franchise-Opportunities-Are-There-min.png 1130w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"the-number-1-franchises-in-the-world\"><\/span>The Number 1 Franchises in the World<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While it\u2019s tricky to put a number on the entire concentration of franchise businesses worldwide, we can take a look at the franchise outlets of some of the biggest hitters in the franchise arena:<br \/>\nMcDonald\u2019s<br \/>\nWith its instantly recognisable golden arches, the <a title=\"American burger giant\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/what-is-a-mcdonalds-franchise\/\" target=\"_blank\" rel=\"noopener\">American burger giant<\/a> has approximately 39,000 restaurants and drive-thru outlets across 119 countries across the globe.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"starbucks\"><\/span>Starbucks<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Proving that our world is powered by coffee, <a title=\"Starbucks\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/succeed-with-starbucks-franchise\/\" target=\"_blank\" rel=\"noopener\">Starbucks<\/a> has around 32,000 stores in 80 countries worldwide.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7-eleven\"><\/span>7-Eleven<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Concentrated largely in the USA, 7-Eleven boasts 55,000 stores and is ranked as the world\u2019s second-largest franchise.<br \/>\nKFC<br \/>\nFounded in 1930, <a title=\"KFC\u2019s\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/can-i-start-a-kfc-franchise-in-the-uk\/\" target=\"_blank\" rel=\"noopener\">KFC\u2019s<\/a> 12 million daily customers in 115 countries are testament to the fact that a good formula never gets old.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"hertz\"><\/span>Hertz<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The World\u2019s number one hire car company has over 9000 outlets in 147 countries and deals with a staggering 30 million reservations every year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"pizza-hut\"><\/span>Pizza Hut<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With 14000 outlets, Pizza Hut can be found in over 120 countries and tops sales of $12 billion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"ace-hardware\"><\/span>Ace Hardware<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With a modest 4800 outlets, Ace Hardware nonetheless enjoys global sales in excess of $13 billion.<\/p>\n<p>From the above, you\u2019ve no doubt seen a pattern forming \u2013 and you\u2019d be correct. Products such as fast food and coffee are ideally suited to the franchise business model and are virtually recession-proof due to the fact that they tend to be <a title=\"low-cost\" href=\"https:\/\/www.franchiselocal.co.uk\/franchise-under-1k\/\" target=\"_blank\" rel=\"noopener\">low-cost<\/a> items that consumers buy on a regular basis.<\/p>\n<p>Having said that, rapid advancement in technology has seen a sharp rise in <a title=\"service-oriented franchises\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/business-services-franchises\/\" target=\"_blank\" rel=\"noopener\">service-oriented franchises<\/a> as well as those dealing in actual products \u2013 meaning that there are now more opportunities than ever before in this lucrative market.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-21931\" title=\"Building for lease | Franchise Local\" src=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-1024x856.png\" alt=\"Building for lease | Franchise Local\" width=\"696\" height=\"582\" srcset=\"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-1024x856.png 1024w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-300x251.png 300w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-768x642.png 768w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-502x420.png 502w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-1004x840.png 1004w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-150x125.png 150w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-600x502.png 600w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-696x582.png 696w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min-1068x893.png 1068w, https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Body2_How-Many-Franchise-Opportunities-Are-There-min.png 1130w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"closed-franchises-the-ones-that-got-away\"><\/span>Closed Franchises: The Ones that Got Away<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While models such as <a title=\"fast food\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/fast-food-franchises\/\" target=\"_blank\" rel=\"noopener\">fast food<\/a> and <a title=\"coffee\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/best-coffee-franchises\/\" target=\"_blank\" rel=\"noopener\">coffee<\/a> are a good bet, there are others that should be avoided.<\/p>\n<p>As a rule of thumb, any franchise based on a trend or a demand which is likely to be short-lived is rarely a winner.<\/p>\n<p>Similarly, a franchise that sells a product in an overly competitive market can often be more miss than hit \u2013 and the following examples prove that it\u2019s not always beer and skittles in the franchise world:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"blockbuster\"><\/span>Blockbuster<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>During the late 80s and early 1990s, Blockbuster was a high street staple for those looking for their rented movie fix. Unfortunately, the fast transition from VHS to DVD and then to streaming meant that in November 2013, all but a handful of franchised stores had closed their doors for good.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"sbarro-inc\"><\/span>Sbarro Inc.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Founded in Brooklyn in 1956, Sbarro may well have been the only kid on the block selling pizza in its early years but, by 2014, stiff competition meant that the company didn\u2019t have enough dough to continue trading.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"woolworths\"><\/span>Woolworths<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Once the UK\u2019s favourite store, the doors slammed shut on Woolworths\u2019 800 stores in 2008. The main reason for the franchise\u2019s failure? It simply failed to keep up with the times, and custom began to drop off as the public found the stores outdated and irrelevant.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what-happens-when-a-franchise-goes-under\"><\/span>What Happens When A Franchise Goes Under?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This can be devastating for both the franchisor and franchisee and, in most cases, the franchisor\u2019s business assets will be sold off to meet debts.<\/p>\n<p>These assets will usually include the brand and the <a title=\"franchise agreements\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/what-is-a-franchise-agreement-and-how-to-properly-analyse-it\/\" target=\"_blank\" rel=\"noopener\">franchise agreements<\/a>.<\/p>\n<p>In many cases, a franchisee will be able to argue that the liquidation means that their agreement has been terminated and, therefore, they should be released from all and any obligations.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"the-future-of-franchising\"><\/span>The Future of Franchising<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we emerge from the pandemic \u2013 and <a title=\"technology\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/computer-tech\/\" target=\"_blank\" rel=\"noopener\">technology<\/a> continues to march forward at breakneck speed, the sky really is the limit when it comes to franchise opportunities.<\/p>\n<p>Buying into an established franchise business can be personally rewarding and extremely lucrative as long as you choose wisely.<\/p>\n<p>However, as with any kind of business undertaking (especially one where money changes hands), always make sure that you understand all the terms and conditions and, where possible, have a solicitor look over the paperwork for you to avoid any nasty surprises further down the line.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"how-to-find-low-cost-franchise-opportunities-in-the-uk\"><\/span>How to Find Low-Cost Franchise Opportunities in the UK<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Even in the wide franchising world, starting out can be frightening for first-time franchisees. Investment and royalty fees can add a barrier to entry.<\/p>\n<p>At <a title=\"Franchise Local\" href=\"https:\/\/www.franchiselocal.co.uk\/\" target=\"_blank\" rel=\"noopener\">Franchise Local<\/a>, we have several options catered to different budgets. Explore franchises anywhere from <a title=\"\u00a3100,000\" href=\"https:\/\/www.franchiselocal.co.uk\/franchise-under-100k\/\" target=\"_blank\" rel=\"noopener\">\u00a3100,000<\/a> to <a title=\"\u00a31,000\" href=\"https:\/\/www.franchiselocal.co.uk\/franchise-under-1k\/\" target=\"_blank\" rel=\"noopener\">\u00a31,000<\/a>. If these budgets are still high, don\u2019t be discouraged: learn how to open a franchise with <a title=\"no money whatsoever\" href=\"https:\/\/www.franchiselocal.co.uk\/news\/how-to-start-a-franchise-with-no-money\/\" target=\"_blank\" rel=\"noopener\">no money whatsoever<\/a>.<\/p>\n<p>To see all your possible franchise options, continue to explore our wide range of <a title=\"industries\" href=\"https:\/\/www.franchiselocal.co.uk\/industries\/\" target=\"_blank\" rel=\"noopener\">industries<\/a>. You\u2019re sure to find something that hits the mark.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franchising is accelerating globally, introducing a large number of franchise opportunities for sale across the world. As a business model known for being recession-proof, it is also, as it turns out, pandemic-proof too. While a huge number of businesses fell victim to the restrictions imposed by COVID-19, the majority of franchise businesses have managed to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":21928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1467],"tags":[],"class_list":["post-9832","post","type-post","status-publish","format-standard","has-post-thumbnail","category-franchise-information"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2024\/03\/FL_Header_How-Many-Franchise-Opportunities-Are-There-min.png","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/9832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=9832"}],"version-history":[{"count":0,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/9832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/21928"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=9832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=9832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=9832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}