Bang & Olufsen

£55,000 Minimum Investment, Shop In Shop. Standalone store, £200,000 plus investment

Franchise Description :

Bang & Olufsen franchise, specialising in the manufacture of televisions, music systems, loudspeakers, & multimedia products along with portal audio devices sold under the B&O PLAY brand

Finance:Yes through a third party
Home:No
Part Time:No
Contact Name:Bang & Olufsen A/S
Address:

110 Wharefdale Road
Winnersh Triangle
Reading

Phone Number:

+447702-861XXXClick number to show

Membership:Regular

If you don’t have a piece of Bang & Olufsen audio equipment then you will at least have heard of the company – it is massively well-known, which products for everyone. Specialising in high end, high quality audio equipment, Bang & Olufsen have been leading the pack when it comes to offering in-home (and in-car) devices for over 90 years.

Each piece of B&O equipment is designed in such a way that it is immediately recognisable, making the products themselves ambassadors for the brand. That’s why so many people love the Bang & Olufsen products, and one of the reasons that it is always a popular choice. This coupled with the fact that Bang & Olufsen is a household name already makes owning a B&O franchise a great prospect.

Another reason that Bang & Olufsen is able to set itself apart from other audio visual equipment suppliers is the passion found behind it. The products are good, but the love that each retailer has for them and the sheer joy that they are able to sell along with the equipment is special, and unique. Not only does this result in more sales, but it also means that customer service at Bang & Olufsen is second to none.

Computer Related Franchises

According to Statista the UK computing market had positive performance again according to a 2017 report. In the UK computer & telecommunications retail sales were at £367 million in the month of August 2016. Regarding the willingness to buy a new computing device, the share of UK consumers intending to buy a laptop was higher among younger generations, with 19 percent of individuals aged between 18 and 24 years interested in buying in the next twelve months compared to 13 percent of respondents between 35 and 44 years of age.

There is also a trend to keep existing equipment and repair. Partially because of costs but also because with the huge use of software including apps, games and other software its hassle when you change devices, not to mention a lot of time which is why there is a growing market for both computing equipment retail and computer repair franchises. These franchises include computer retail, computer retail, mobile phone, gaming equipment retail and provision of local technical support for small businesses.

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