Top 10 UK Convenience Store Franchises List
10 UK Convenience Store Franchises List
Your best bet is to go the way of UK convenience store franchises if you’re looking towards starting a business. This is the business that can run on auto-pilot and most especially if you are interested in making quick returns on your investment. Also, it’s good enough that there are loads of grocery store franchises you can buy at affordable prices.
Moreover, if you are planning to start a grocery business is that you will gain all the knowledge and expertise in the industry it’s another good reason why you should opt for a convenience store in the UK. However, if indeed you want to compete in the grocery store industry you can start a grocery store on a mom and pop level does not make it the proper way to start a business in this dispensation.
An Overview of the UK Convenience Store Franchises
The small chains and independent UK convenience store franchises still dominate this industry as a matter of fact. Meanwhile, the national chains are gradually more growing in control of the industry. Besides, their supercenters by offering lower prices through lower cost structures because the mass merchants are competing with grocery stores.
But, the retail industry is the UK’s largest private sector employer with approximately 2.9 million employees. It’s going to be 3.3 million by 2018 that’s forecasted. And totaling close to 300,000 retail outlets where 9% of all VAT-registered businesses in the UK are retailers. Moreover, it’s predicted to grow by 7.3% in 2018 as the one-third of consumer spending goes through retail and the e-commerce sector.
What are the Top 10 UK Convenience Store Franchises?
We’re here with the best convenience store franchise in the UK. So, if you’re interested to buy one of them, you can go through the content till to the end. Now, let’s see what the top 10 UK convenience store franchises are those dominating in the marketplace.
- The Co-operative Food
- Heron Foods
- Home Bargains
It’s the UK’s favorite supermarket franchise with the best supermarkets Aldi’s value for money and top-quality products. But, according to their customers, only it and Lidl scored five stars for value for money. The qualities of both are fresh and own-label products where the discounters were also rated well for. The customers seem to be prioritizing price over in-store experience when it comes to satisfaction.
This is not only just shoppers who benefit from Aldi’s commitment but works to support British farmers and growers as well. Even as many of the products from further afield have been sustainably sourced and fairly traded, its championing British quality across its entire range. Besides, Aldi is one of the largest supermarket franchises with over 750 stores and over 30,000 employees.
It’s a British supermarket franchise trading as Asda Stores. It’s headquartered in Leeds, West Yorkshire and was founded in 1965. But, it starts franchising in 1999. It has acquired Allied Carpets, 61 large Gateway Supermarkets and other businesses expanding into the south of England during the 1970s and 1980s. After a £6.7 billion takeover in July 1999, it became a subsidiary of the American retail giant Walmart. This is the second largest supermarket franchise in the UK by market share.
Last year they received the award for the “Good Housekeeping” and the favorite wine retailer supermarket. Besides, they won the “Fresh Produce Multiple Retailer of the Year 2017” award last year.
This is one of the biggest UK convenience store franchises that made its position in the list of the top 10. They’re supplying convenience stores more efficiently with the dominant chains. They’ve got very aggressive buying teams from the big supermarkets constantly challenging your terms as they’re a good supplier.
So, today they’re recognized far and away as the world’s largest convenience store retail chain because Sainsbury’s has improved its success. Moreover, they consistently recognized as a leader in the retail and franchising sectors as it continues to expand its global reach and don’t show any signs of slowing down.
Budgens currently has more than 20 independent stores in different locations in the UK and their outlet has been operating since 2008. Moreover, you’re expected to commit a total investment of $350,000, if you’re interested in purchasing the franchise of Budgens.
There is a chance for big retailers to get benefit from the company’s relationship with the Wholesalers. Because getting your foot in the door with the big store chains is extremely difficult, this is important.
5. The Co-operative Food
The Co-operative Food is a business that is deeply rooted in entrepreneurship, but they started franchising recently. They have loads of entrepreneurs and investors have grown a healthy business with an investment of $195,450 to $327,650 with almost 700 franchisees and 1,300+ stores. Moreover, they’re still attracting guests with unique products at affordable costs.
Farmfoods is doubtlessly a big grocery store franchise in the UK as a retail grocery remarketer. For their franchises, they purchase and consign product to more than 200 Grocery Outlet businesses.
Moreover, they have brand-name products at substantial discounts and then quickly sell them at bargain prices that made them Grocery Outlet Bargain Market different from other grocery businesses. You would need a minimum cash investment of $25,000 if you’re interested in purchasing the franchise of Grocery store.
Costco is one of the first line’s UK convenience store franchises. With a stated mission to “realize a society full of beaming smiles and convenience, they’re forging ahead. Also, they have a huge accumulation across the UK. Costco clearly intends to keep growing with a deal last year that placed five franchised locations in the United Kingdom.
8. Heron Foods
Heron Foods is not only the famous convenience store chain in the UK but also it’s supreme in Eastern Europe. This UK based business emphasizes the importance of tailoring individual stores to meet local needs. Besides, it has brand-name products at substantial discounts and then quickly sell them at bargain prices.
9. Home Bargains
UK-based Home Bargains makes the grade as the one of the largest convenience stores chain with more than 1300+ locations. Besides, it’s progressively dedication to products and services that gave it some bonus cool points. This is a reflection of the chain’s (at the time) drastically extended hours serve its clients.
Iceland is the last one in the top 10 list of the UK convenience store franchises. Although it’s at the end of the list, it’s a huge domination over the convenience stores in the UK. There is a chance for big retailers to get benefit from the company’s relationship with the Wholesalers. Because getting your foot in the door with the big store chains is extremely difficult, this is important.