Featured Franchises For Sale Bristol

Latest Franchises For Sale Bristol

Franchises For Sale In Bristol

Franchising is a very popular option for anyone to start their own business in Bristol. So today we will share some statistics around starting your own business by investing in a franchise opportunity. We hope these statistics can help you understand the kind of customer base. Which is in Bristol and the economic growth Bristol has seen within previous years in the united kingdom.

Statistics around Bristol

We will now list some statistics around Bristol to give you a feel for the area and the customer base.

  • Bristol local authority is estimated to be 463,400 people, making it the 8th largest city in England outside of London.
  • The population of Bristol is estimated to be 463,400 people. Bristol is the largest city in the South West and one of the ten ‘Core Cities’ in Great Britain
  • Bristol is a city in south west England. Its economy has long connections with the sea and its ports. Reports released in 2018 showed that the city is growing exponentially with a projected 2.3 percent annual growth rate until 2020. According to Wikipedia.

How franchising helps the economy?

We will now list some statistics below which were collected for the whole of the UK in previous years. Even though these are not exclusively statistics collected in Bristol. They still show what an important role franchising plays annually to the UK economy.

Franchising provides over 700,000 jobs across the UK
Franchising alone in the UK contributes to a staggering £17 billion to the UK economy.
Also franchising raises millions for its chosen charities annually.

What do these statistics show for franchising in the UK?

These statistics show even though franchising is great for anyone looking to run a business, But is worried if they are new. Franchising allows those people to achieve their dreams and run their own business and receive help from the franchisor step by step. Also franchising really helps the economy as you can see by reading the statistics shared above. So overall I would say franchising in the UK is a win, win.