The F&B market in the UK is thriving as Brits like to spend money on having a good time with friends and unforgettable experiences rather than for buying things. Thus, they like eating out which encourages franchisors and franchisees open more and more pizza cafes, gourmet burger restaurants, smoothie bars, fast food establishments, little dessert shops, etc.
Despite some minor difficulties which may occur with starting a franchise in UK such as machinery costs and safety requirements, the benefits are much more. For example, opening a franchise in a small town one will save rental costs and the competition is lower there.
Check out the opportunities of Food Franchises in UK and choose the one which will bring you a good profit!
Revenue of UK restaurant industry, 2016: 34.9 billions GBP
Consumer spending on food/catering services, 2017: 81.6 billions GBP
Number of restaurant employees in the UK, 2016: 871.000
Number of restaurants in the UK, 2016: 83.600
Consumer spending on restaurants and cafes, 2017: 85 billions GBP
Average weekly spend on eating out in the UK, 2017: 19 GBP
Share of UK consumers eating out at least once a week: 43%
Consumers visiting restaurants at least once a week: 1.7 millions
Casual dining market spending in 2015: 4.7 billions GBP
Most popular restaurant type: Pubs
Leading fast food chain in the UK: McDonald's
Most visited restaurant chain in 2016: Nando's
Nando's Group Holdings revenue, 2017: 847.9 millions GBP
Number of Subway outlets in the UK: 2.333
Number of Pizza Express outlets in the UK: 441