25 February 2022
An alternative route into franchise- PACK & SEND discusses resales
An alternative route into franchise- PACK & SEND discusses resales
For many who want to grow their own business, whilst backed up by a strong support package and a well-known, respected brand name, launching a start-up franchise is ideal. Franchises have strong success rates, with 97% of franchises turning a profit.
Despite the benefits of the franchise model, dedicating your time and investment to growing a business from the ground is not everyone’s ideal route into becoming their own boss.
But for those looking to gain from the franchise model without the initial development, a franchise resale might be a perfect opportunity.
As a mature franchise, launching in the UK in 2008, PACK & SEND have resale opportunities available from time to time. An example is their service centre in Spitalfields, where the current franchisee is looking to sell on his successful business and step down into retirement.
Mike Ryan, CEO of PACK & SEND UK comments: “Resales occur across all franchise companies, as franchisees will always come to a point where they want to retire, move onto something different or realise their investment.
“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.”
A resale comes with an established reputation, client base and team of staff, and a guaranteed revenue. Alongside this, resale franchisees also receive ongoing support from HQ, and the benefit of a trusted brand name with a national presence.
For PACK & SEND Spitalfields, an investor can benefit from all of this as well as a retail-unit located in a high-traffic area of London E1, with an unlimited potential for growth. The business has been operating for 9 years and is one of the network’s top-performing franchise offices.
Mike continues: “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.”
PACK & SEND is not only a franchise with high-success rates, but operates in the rapidly expanding logistics sector. Their unique offering has resulted in consistent growth over the last few years with revenues up by over 25%, year on year, in each of the last two years.
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