The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
I’m Considering Investing In A Retail Franchise. Will A Franchisor Assist Me With Site Selection?
Many franchisors assist franchisees in locating and acquiring suitable premises for use as a retail franchise outlet. In some cases, the franchisee may search for premises for consideration and approval by the franchisor. Sometimes franchisors will actually find premises for franchisees.
Before a franchisor started to franchise, it would have worked out the right type of location for an outlet to be situated. Retail franchises rely on customers visiting the premises, therefore it’s crucial franchisors provide guidance and criteria for their selection, based on their experience of operating the franchise in other areas, to ensure franchisees chose the correct type of site.
Franchisors will also want to maintain control over the location of their franchisees’ premises in order to protect the quality and reputation of the brand.
Although the considerations will vary depending on the trading sector, franchisors would typically want to assess the type of street the premises is located on, the foot and/ or road traffic volumes, the demographics of different areas to determine the potential level of business that can be generated, environmental factors affecting the site and surrounding area, the exposure of the premises to potential customers and any landmarks that may generate potential business or have a negative impact on the brand.
Franchisors should also provide advice on the size of premises required and planning requirements, which is particularly important for a fast food, restaurant or café business.
Taking a lease of premises is not without risk and you should always consult a solicitor before committing yourself.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own Aspray Limited franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Aspray Limited for further information!
Start your own Key Sounds Music franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Key Sounds Music for further information!
Start your own Betterclean Services Franchising franchise
Yes
Find Out MoreAverage net profit margin 20%
Request Free Information
Send a free enquiry to Betterclean Services Franchising for further information!
Start your own The Knot Churros franchise
Yes
Find Out More£600,000
Request Free Information
Send a free enquiry to The Knot Churros for further information!
Start your own CyberGlobal franchise
Yes
Find Out More£500,000
Request Free Information
Send a free enquiry to CyberGlobal for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added 2 months ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added one month ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one month ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news