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Facts and statistics about UK franchising
 
 
The following is a collated list of facts that may help you in deciding whether the sphere of franchising is on that you wish to consider. However, you should always seek professional advice before embarking on such a venture.
 
  • Approximately 75 different industries use franchising to distribute goods and services to consumers.
  • In 2004, it is estimated that franchise businesses were responsible for over 1.5 trillion in economic output.
  • A new franchise business opens every 8 minutes of every business day.
  • The average length of a franchise contract is 10 years.
  • One of the top franchise industry is Fast Food.
  • One of the top franchise companies is McDonalds.
  • The Franchising industry employs over 397 thousand people in the UK & Ireland.
  • In the UK & Ireland there are over 1000 franchise systems in operation.
  • There are more than 30,000 franchisee businesses operating in the UK.
  • The annual payroll for franchises is more than £10.8 Billion.
  • A new franchise is 2.5 times more likely to succeed than a non-franchised business.
  • Approximately 93% of franchises succeed.
  • 1 out of every 12 businesses is a franchised business.
  • Nearly 86% of all franchises opened in 60 industries during the past 5 years are still under the same ownership.
  • Franchises become profitable faster than typical start up businesses.
  • A Gallup poll reported that nine out of ten franchise owners say they consider their franchise to be either somewhat or very successful.
  • Franchising generated one out of every seven jobs in the private sector.
  • A franchise system offers a lower risk route into self-employment.
  • Many banks are supportive of franchise developments.
  • Several national newspapers in the UK support franchising making it easier to promote.
  • The UK franchise industry is growing rapidly every year.
  • Half of the British public prefer to use a franchise over a non-franchised business.
  • 97% of franchisees are profitable after five years.
  • 207 UK franchises have an international presence.
  • 68% of franchisors believe the most important attribute of a franchisee is self-motivation.
  • 99% of franchisors provide training.
  • 48 is the average age of a franchisee.

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