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Why Choose a Franchise Business in 2023

by | Feb 3, 2023

In particular, why choose a low investment franchise like Countrywide Signs?

The start of a new year often witnesses the beginning of a new journey. Whether it be personal or career wise. As humans naturally look for a new endeavour. Something to bring us a new sense of purpose or lease of life. When it comes to work, January and February are the months when job adverts increase, creativity is at an all new high and we feel a reinvigorated sense of ambition.

So, why choose a franchise business in 2023? And why opt for a franchise rather than a standalone business?

It’s a simple answer based on facts. The success rates starting out as a franchise business over starting up alone are high. Last year What Franchise published that 80% of new franchise businesses are still running after their first five years. However, in comparison, a staggering 60% of new standalone businesses fail in the first three years. Choosing to become a franchise owner offers robust foundations to build from.

With the economy fluctuating amidst the fallout of the pandemic, instability in our own government and the knock-on impact of the war in Ukraine, the franchise sector as a whole is seeing a renewed sense of life for 2023. While entrepreneurs stopped to pause for thought at the back end of 2022, many who are interested in franchising are identifying their next opportunity.

Low investment franchises, such as ours, are predicted to be a king pin for 2023. Investing in a low-cost franchise opportunity is a great way to supplement retirement with a reliable source of income, offering flexible hours and a great work-life balance, as well as long-term equity.

Adam Davison comments: “The past few months have been about entrepreneurs looking for safe and resilient business models. Due diligence has been important. As with anything, uncertainty makes us wary, but there’s definitely been a shift. Low investment franchises such as Countrywide Signs mean low overheads, less financial risk and more opportunities for financial funding.”

“We’ve already noticed an increase in our own enquiry levels over the past few weeks. In fact this is echoed by well-known franchise listing website, Franchise Direct which has also reported a 12% increase in enquiry levels with an impressive 41% increase in enquiries via search engine giant, Google,” Adam adds.

“The other news is that we have now signed our first new franchisee for 2023,” Adam continues. “Franchisee training has started, and the official launch is planned for next month. An exceptional candidate, with years of sales experience, which is a key element of becoming a Property Signage Expert. The training, support and his own individual skill-sets will give him a great start in developing the business and signing new agents.”

To find out more about our NEW franchise fee and how to join Countrywide Signs, please schedule a call with Adam, our Business Development and Recruitment Manager or get in touch via our contact form.

Northampton Franchise Resale

An established Countrywide Signs territory covering all NN postcodes, with a customer base centred around Northampton.

Price including franchise fee: £49,995
Reported turnover: £48,000
Reported territory size: 287,000 properties
Current Operation: One van

About the business

The current franchisee has serviced the territory for over five years. Based outside the area, they travel into Northampton to manage the business. Currently operating with a single van, the territory offers a new owner the opportunity to explore further development across the area.

Reason for sale and handover

The owner is selling to concentrate on developing their adjacent territory. They will remain within the Countrywide Signs network nearby and will be available to offer guidance and assistance to the purchaser.

Take the Next Step

Get in touch to discuss the business, confirm the territory boundaries and explore the next steps.

Oxford Franchise Resale

An opportunity to take on an existing, company-owned Countrywide Signs territory covering Oxford and all OX postcodes.

Price including franchise fee: £39,995
Reported turnover: £24,000
Reported territory size: 367,000 properties
Estimated growth potential: Four to five vans

About the business

The Oxford territory supplies, installs and manages estate agent signage and has been serviced by Countrywide Signs for over 12 years. With an existing customer base, the territory provides a foundation for a new franchise owner to develop the business across the area.

The opportunity

Currently company-owned, this established territory is now being offered to a new franchise owner.

Take the Next Step

Get in touch to discuss the business, confirm the territory boundaries and explore the next steps.

Harlow Franchise Resale

An established Countrywide Signs business serving West Essex and South Cambridgeshire, with an existing customer base and support during the handover.

Price including franchise fee: £27,995
Reported turnover: £12,500
Reported territory size: 151,000 properties
Estimated growth potential: Two vans

About the territory

Based in Harlow, the territory includes Epping, Bishop’s Stortford, Great Dunmow, Sawbridgeworth, Saffron Walden and Haverhill. The current owner has operated the territory for over 10 years. The resale offers a new franchisee an existing estate agent signage business to develop across the area.

Reason for sale and handover

The owner is selling to focus on expanding another part of their existing business. They will work closely with the purchaser during the handover to help maintain customer relationships and support the transition to new ownership.

Take the Next Step

Get in touch to discuss the business, confirm the territory boundaries and explore the next steps.

Coventry Franchise Resale

Take on an established Countrywide Signs territory operated by the same franchisee for 22 years.

Price including franchise fee: £52,995
Reported turnover: £52,000
Reported territory size: 283,000 properties
Estimated growth potential: Four vans

About the territory

The territory covers Coventry and the surrounding towns of Coleshill, Nuneaton, Lutterworth, Daventry and Royal Leamington Spa. The current franchisee has spent 22 years supplying, installing and managing estate agent signage across the area, giving a new owner an established operation to build on.

Reason for sale

The owner is considering retirement and is open to selling the whole territory or part of it. A partial sale would allow them to reduce their workload, while a full sale would enable them to retire completely.

Take the Next Step

Get in touch to discuss the business, confirm the territory boundaries and explore the next steps.

North Devon Franchise Resale

An opportunity to acquire an established Countrywide Signs territory supplying, installing and managing estate agent signage.

Price including franchise fee: £30,995
Reported turnover: £14,500
Reported territory size: Over 255,000 properties
Estimated growth potential: Two to three vans

About the business

The territory is being offered by a franchisee based in southern Cornwall, who has developed a multi-van business there over the past 10 years. This resale gives a new owner the opportunity to take on the Devon part of that operation and develop its estate agency customer base.

Reason for sale and handover

The current franchisee is selling to consolidate their Cornwall territory. They will be available to assist the new owner during the early stages and are keen to build a longer-term working partnership across the area.

Take the Next Step

Get in touch to discuss the business, confirm the territory boundaries and explore the next steps.

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