The Franchise Industry contributes £15 Billion to the UK economy – an increase of 46% over the past 10 years
The total number of people employed within franchising has now reached 621,000 – an increase of 70% over the past 10 years
Franchise Owned businesses has now reached 44,000 units – an increase of 14%
Over half of franchisees are now declaring an average turnover that exceeds £250,000
Employment has continued to increase with one-third of franchisees employing 10 or more staff
An incredible 97% of franchisees are running in profitability
Ownership changes within franchising is impressively low, with just 4.6%, and failures within franchising considerably lower than that of other start ups.
An impressive 91% of franchisees have declared satisfaction with their franchisor
Multiple units are now being operated by 29% of franchisees
80% of franchised brands are UK-owned and developed with one in five franchisees launched within the UK were set up by investors under the age of 30.
To find out more about our specific pet franchise opportunities please visit our pet franchise website https://www.pet-franchise.com/
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