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Juice Bar Franchise Opportunities
The soft drinks industry is huge in the UK and is showing massive increases each year. But now you may be wondering, Why should I buy a juice bar franchise in the UK? If that is your question do not worry since today at Franchise UK we will answer many questions you may have had around the juice industry in this little information segment.
The Industry Is Trending In The UK.
I will now list some statistics around the juice industry in the UK that may surprise you, But they will show you that the soft drinks market is massively trending in the UK.
Did you know?
- In 2019 the soft drink industry made £412 million British pounds in the UK alone.
- The juice industry has provided 2,131 jobs in the UK.
- The whole juice sector in the UK made around £4 billion British pounds in 2019.
What The Numbers Show?
These numbers show that the juice industry in the UK is massive and not just for someone buying a franchise the juice industry helps a lot of working class people including people looking for jobs , people exploring new job opportunities and so on. Hopefully seeing the value of the juice industry in the UK has restored your faith that the industry has a lot of potential in the UK markets.
Pro's And Con's Of Franchising.
Now I will quickly list a few pros and cons around franchising and why it is not only good for you the potential franchisee, It also gives something back to the UK economy as well.
Pro's Of Franchising
- Provided over 700,000 jobs in the UK last year.
- Raises millions for charities each year.
- Provides more opportunities for people to run their own business.
- Franchising contributes a staggering £10 billion to the UK economy each year.
Con's Of Buying A Franchise
- False expectations
- Contractual Agreements
- Ongoing royalty payments
- High startup costs
- Franchisor's giving false hope
These pro's and con's show buying a franchise can truly be a life changing decision, But you have to make sure you are careful before paying the franchise fee, Because some franchisors are just advertising for a quick cash grab, But of course still many franchisors do look after their franchisee's, Since if you look after your franchisees your franchisees will look after you. Because in franchising its a two way street.
Thanks for reading.
Hopefully this has helped any questions you may have had before buying a juice bar franchise in the UK, If you are having second thoughts about buying a franchise and need some more advice I highly suggest our blog on Franchise UK, Because we regularly post FREE information to help franchisors and franchisees make the right choices to achieve their dream careers in the UK franchising market.