Franchise FAQ

how much is a greggs franchise

by Glenda Homenick Published 2 years ago Updated 1 year ago
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How does the Greggs franchise model work?

The company works with established franchise partners “in locations where it may be difficult to operate a company managed shop”, including motorway service stations, petrol stations, educational establishments and smaller high street convenience sites.

What skills and experience are needed to become a successful Greggs franchise partner?

Experience of running similar multi unit franchise operations is helpful, as is the ability to site Greggs shops and concessions in locations the company is currently targeting for expansion. Sufficient funding is also a must.

Why is Greggs a good investment?

It’s a combination of an established, forward-thinking brand that has wide consumer appeal with a food industry sector that looks set to enjoy considerable growth.

How many Greggs stores are there?

Greggs says all franchise partners work with a clear set of policies and processes to ensure that wherever the brand operates, customers receive the same high quality products and service across all its 2,000 plus shops.

What is Greggs bakery?

What is Greggs and what services does it provide? Greggs is one of the leading bakery chains and food on the go brands in the UK. It has approximately 2,050 shops, employs 23,000 people and has millions of customers nationwide. The business was started by John Gregg as a Tyneside bakery in 1939.

What is a successful multi unit franchise?

Successful multi unit franchisees are ambitious, driven, possess good management skills, have the ability to delegate effectively and have a sound operational and reporting structure in place. They are also prepared to build a business over a number of years in order to benefit from economies of scale in the long term.

How much is the UK food on the go worth in 2024?

The latest figures from market research company IDG estimate that the UK food on the go sector will be worth £23.4 billion by 2024 and between 2019 and 2024 will grow by 26.5 per cent, more than double the growth expected in the wider food retail sector, which is predicted to rise by 12.5 per cent during the same period.

What is baguette express?

Baguette Express is dedicated to providing its customers with fresh and healthy meals without breaking the bank. Also in the quick service category, this franchise serves up its baguettes in record time, and always with a smile. The baguette brand was born in 1999 by two brothers and has since expanded to more than 70 stores in the UK. This franchise satisfies customers by making pre-made and customisable baguettes, so there’s no more picking out tomatoes or scraping off mayo. Whatever filling customers choose, it will be served on soft bread, with fresh salad and quality meat.

How many outlets does the bagel corner have?

Founded in 2010, Bagel Corner already has 30 outlets selling its tasty selection of bagels, soups and salads in France. The ambitious business capitalises on the growing demand for quick, quality food, with many of us leading incredibly busy lives. To ensure that it really makes it mark in the quick service sector, Bagel Corner has established an innovative concept. Time-pressed customers can order their food from the Bagel Corner website before they arrive and pick it up. This also helps reduce long queues and makes it easier to maintain the 70-second service time.

How much money do you need to invest in Bagel Corner?

How much you need to invest: If you want to play your part in Bagel Corner’s goal to open 100 restaurants in Europe by next year, you will need to make a minimum investment of £500,000.

What do franchisees get for their investment?

What you get for your investment: Franchisees benefit from training, access to support systems, operations manuals and support with site design, marketing and PR. You can also enrol onto food safety and health and safety courses to make sure you’re running your business to the highest possible standard.

When did Cinnabon start?

Cinnabon was launched in 1985 in the US. Its first store opened in the SeaTac Mall in the north-western city of Seattle and, when it succeeded beyond expectations, the business began expanding across the US. This franchise specialises in retailing its world-famous cinnamon roll, served fresh out of the oven. It also sells a range of baked goods and speciality drinks, from lemonade to its very own MochaLatta Chill.

When was Greggs founded?

Greggs was founded by John Gregg in 1939 . However, for the first 12 years of its existence, the business had no store and operated as a bicycle delivery service that delivered fresh eggs and yeast to the people of Newcastle. In 1951, Gregg opened his first bakery in Gosforth.

Is Greggs a bakery?

Greggs is possibly the biggest name in the UK bakery sector – and one of the most loved high street stores out there. Most companies of its size would have considered expanding through the franchise model, but Greggs is a little different. Here, we ask: Does Greggs franchise?

How many Greggs stores will be open in 2020?

Looking ahead, Greggs said it will continue to open or relocate more stores. In the first half of 2020 it opened 20 new shops (including seven franchised units) and closed 45 shops, giving a total estate of 2,025 shops, of which 307 are franchise units.

What is Greggs bakery?

The bakery chain, Greggs, is known for selling a diverse range of products, from donuts to sausage rolls, cakes and a variety of hot pasties.

When will Greggs open in Cornwall?

Greggs to open new Cornwall shop after first was shut due to local outrage. March 17, 2020. GREGGS is to open a new Cornwall branch after the first had to shut amid local outrage. The chain has been trying to invade the home of the Cornish pasty for years.

What is Fulwood Central?

Officially known as Fulwood Central, the retail park off Eastway erected new signage on Monday unveiling some very familiar names and logos. For the first time, it can be revealed that Fulwood Central will boast a new Greggs, Burger King, B & M and Indigo Sun.

When will Greggs reopen?

Greggs reopening: 800 stores to open with a reduced menu – how to check if your local branch is opening. June 7, 2020. Greggs closed its doors on 24 March in line with the UK lockdown, but following the successful reopening of some of its stores, the bakery chain has announced that 800 branches will open from June.

When will Greggs return to normal?

August 4, 2020. The chief executive of Greggs has hailed the firm’s resilience after latest figures showed it swung to a loss during the coronavirus crisis but saw sales return to almost three-quarters of normal levels.

What is Indigo Sun?

Indigo Sun, a tanning salon with branches across the UK, will also join the growing list of household names confirmed for the park.

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