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Favorite Fried Chicken
Favorite Fried Chicken
Why invest in Catering franchise opportunities?
The catering industry in the UK is worth a huge £4.7bn to the UK economy and is still growing, so catering franchises offer a great opportunity to start your own business.
There are some very successful catering franchises for sale in the UK, but catering franchise now cover so many different areas, including;
- Bar & pub franchises
- Ice cream franchises
- Restaurant franchises
- Sandwich franchises
- Takeaway franchises
- Wine franchises
- Burger Franchises
- Bakery Franchises
Other trends including dessert franchises, a restaurant that provides a main meal of just desserts, a nice concept, and these are growing extremely fast in the UK.
Another growing trend is mobile catering, including street catering franchises that offer a flexible catering franchise selling cuisine from all over the world.
Statistics around the catering industry in the UK
If you are thinking of buying a catering franchise in the UK but are worried of gaining from your investment. I will share some statistics to show that if a catering franchise is run right, it can be a wonderful journey.
Did you know?
- There are just over 88,000 restaurants in the UK.
- The total revenue of the UK restaurant industry was worth £39.9 billion in 2018.
- The catering services spend in 2017 in the UK was worth £4.7 billion.
These statistics show the true potential of running a catering franchise in 2020. Since these stats were gathered in 2018, so this shows what can be achieved two years later because the investment of catering services is going up daily in the UK.
Statistics around the catering industry
We will now list below some statistics which have been recently collected from credible sources around the catering industry in the UK. This is more statistics tailored to the catering industry.
- According to Ibisworld, the total market size of the catering industry in the UK is worth a staggering £1 billion British pounds.
- Many people have also already jumped on the exciting catering industry in the UK since also according to Ibisworld. There are already over 7,400 catering businesses currently operating.
- Another thing the catering industry is really good for is also providing job opportunities since, according to Ibisworld, the catering industry in the UK alone has provided over 26,000 jobs.
What catering franchises do we offer?
We believe diversity is very important when anyone is looking to invest in a franchise for sale. This is why at Franchise UK, we provide a vast range of different catering franchise opportunities for sale on our directory, from wedding catering franchises to basic street catering services across the UK. If you are unsure whether a catering franchise would be right for you, I recommend you have a browse through our full franchise directory, offering over 1,000 franchise opportunities in over 30+ industries.
The 3 Most Popular Types Of Catering Businesses For Sale
Struggling to figure out which catering business for sale you should buy? There are plenty of catering business opportunities available, and each type has its own upsides and downsides. This article will take you through the three most popular types of catering businesses for sale and help you decide which one is right for you.
1) Mobile catering businesses for sale
Mobile catering services are often an excellent starting point for catering businesses. Mobile trucks allow you to serve food on location, which means no need to rent or purchase a physical space. This can save you hundreds of thousands of dollars and offers incredible flexibility in terms of where and when you operate your business. If you’re looking for catering businesses for sale that can quickly start generating income, mobile catering business opportunities are a smart choice that offers a high profit margin with low startup costs.
2) Food truck businesses for sale
A food truck business for sale offers a high degree of freedom, but at a very low cost. A food truck for sale is also relatively easy to start, but much like with many of these catering businesses for sale, that ease comes with some major downsides. First and foremost, having a food truck is hugely dependent on location. You may have to go where your customers are, which means you’ll be limited in terms of your overall profits. And if you are close to a target audience that happens to be in constant flux (like concert-goers), then you’re probably going to see high turnover with both your customer base and employees.
3) Self catering businesses for sale
A self catering business for sale offers huge potential for anyone who is looking to enter into an area of catering that is already popular, but where many businesses are often relatively small and run as part of a more general business. That makes it possible to buy a self catering business opportunity and then either go on to expand it or sell it once you’ve established your name in that local area and have built up a solid customer base. In terms of size, these types of catering businesses for sale can range from small start-ups through to larger companies.
What do these statistics show for the catering industry?
Overall these statistics show a very promising sign for the catering industry for years to come in the UK. If you think that a catering franchise would be right for you, why not check out our catering franchise directory above? If you are unsure whether a franchise in the catering industry would be right for you then why not browse our full franchise directory which offers a wide range of different franchise opportunities in multiple industries.
We have a huge selection of catering franchises for sale, so browse & find your ideal franchise opportunity.