Starting a franchise in the UK can be an exciting and profitable venture. However, many entrepreneurs prefer affordable franchises to limit initial costs while still having the potential for success. Here’s a detailed look at some of the cheapest franchises available in the UK, including their cost, investment requirements, and other essential details.
1. The Coffee Emporium
- Investment Cost: £5,000 – £15,000
- Franchise Fee: £7,500
- Ongoing Royalties: 6% of monthly turnover
- Business Model: Mobile coffee van or kiosk
- Overview: This franchise offers a low-cost entry point with a focus on providing high-quality coffee in local communities, festivals, and events. The business model allows for a flexible location and provides training, equipment, and marketing support.
2. Domino’s Pizza
- Investment Cost: £100,000 – £300,000
- Franchise Fee: £25,000
- Ongoing Royalties: 5% of sales
- Business Model: Takeaway and delivery services
- Overview: While Domino’s requires a higher investment, it is considered one of the top-performing low-cost franchises in the UK with strong brand recognition. Franchisees operate takeaway stores and delivery services. Domino’s provides extensive training and marketing support.
3. Revive!
- Investment Cost: £9,500 – £20,000
- Franchise Fee: £7,500
- Ongoing Royalties: 10% of turnover
- Business Model: Car body repair and refurbishment
- Overview: Revive! offers a mobile franchise model for car body repairs, catering to customers who want to restore their vehicles without paying for expensive bodywork. Franchisees operate from a van, which is part of the initial investment, and can start with a relatively low cost.
4. The Alternative Board (TAB)
- Investment Cost: £15,000 – £45,000
- Franchise Fee: £15,000
- Ongoing Royalties: 8% of sales
- Business Model: Business consultancy services
- Overview: The Alternative Board offers a coaching and business consultancy service that helps small to medium-sized businesses with growth strategies. This low-cost franchise allows individuals to become business coaches, providing advice and leadership development.
5. Big Brother Big Sister
- Investment Cost: £9,500 – £25,000
- Franchise Fee: £12,500
- Ongoing Royalties: 6% of turnover
- Business Model: Childcare services and after-school care programs
- Overview: This franchise focuses on after-school programs and childcare services for children. It operates with a flexible schedule and allows franchisees to offer these services either in schools or community centers. The investment covers training, equipment, and marketing.
6. Tumble Tots
- Investment Cost: £10,000 – £20,000
- Franchise Fee: £6,000
- Ongoing Royalties: 6% of turnover
- Business Model: Children’s fitness programs
- Overview: Aimed at parents with young children, Tumble Tots provides physical activity and play for toddlers and children. Franchisees can run classes in community halls, gyms, or schools. The brand offers training and equipment to help you set up and operate the business successfully.
7. ChipsAway
- Investment Cost: £10,000 – £40,000
- Franchise Fee: £10,000
- Ongoing Royalties: 4% of turnover
- Business Model: Car body repair and refurbishment
- Overview: ChipsAway specializes in mobile car body repairs. The franchise model allows franchisees to repair cars at clients’ locations, cutting down overhead costs. The initial investment includes the cost of a branded van, tools, and marketing support.
8. Aspray
- Investment Cost: £9,000 – £30,000
- Franchise Fee: £9,000
- Ongoing Royalties: 10% of turnover
- Business Model: Insurance claims management
- Overview: Aspray provides services to homeowners who are making insurance claims for property damage. The franchise operates as a consultancy where franchisees guide clients through the insurance process. The low-cost entry point and relatively flexible business model make it an attractive option.
9. The Best of Health
- Investment Cost: £5,000 – £10,000
- Franchise Fee: £5,000
- Ongoing Royalties: 5% of sales
- Business Model: Health and wellness services
- Overview: This franchise offers a wide range of wellness services, including personal training, wellness coaching, and health products. Franchisees can start with minimal investment by working from home or renting space. Support, training, and resources are provided.
10. Cake Angels
- Investment Cost: £10,000 – £30,000
- Franchise Fee: £7,500
- Ongoing Royalties: 6% of turnover
- Business Model: Cake decoration and baking services
- Overview: If you have a passion for baking, Cake Angels allows you to enter the lucrative cake decoration industry. The franchise offers full training and marketing support, and franchisees operate from home or small-scale commercial kitchens.
Disclaimer:
The information provided in this article is for general informational purposes only. The costs, franchise fees, and other details may change over time, and this content is not a guarantee of accuracy. Prospective franchisees are advised to conduct thorough research and seek professional advice before committing to any franchise opportunity.