A reliable route into franchising and business ownership that most may not have considered as an opportunity appears in Spitalfields
With 97 per cent of franchises turning a profit, it’s easy to see why many are turning to established names to support their start-up. But starting from scratch in a new location requires a lot of investment, both in time and money.
Those perhaps deterred by initial development costs, a franchise resale might be an ideal opportunity.
Having launched in 2008 PACK & SEND is a tried and tested franchise with the occasional resale of already successful centres. The service centre in Spitalfields is one such example. With the current franchisee looking to retire this is a chance for a new pair of hands to carry on this successful business.
Mike Ryan, CEO of PACK & SEND UK, is excited about the future. He said: “Although sometimes viewed as a negative, resales are anything but – they show that the franchisee has grown a sizeable and well-respected business which is continuing to witness growth, which an enthusiastic investor can take to new heights.”
Any investor in the Spitalfields business will not only inherit a trusted brand name but also continued ongoing support from PACK & SEND headquarters and a unit in a prime London location in the E1 postcode. As one of the top-performing franchises with nine years prior operation, this is a tantalising prospect. Mike agrees.
He said: “At PACK & SEND, our resale opportunities are a chance for us to welcome fresh faces to our network who are passionate about our brand and providing exceptional customer service. Resales are great for individuals whose skills lie in managing a team and growing a business further, but with our model, they also need to have exceptional sales and customer service skills – going above and beyond to solve our customer’s problems.”
The logistics sector, in which PACK & SEND operates, is one of the fastest-growing with PACK & SEND’s unique offering producing revenue increases of 25 per cent in each of the last two years.