Buying A Franchise in Spain
Spain related forum posts
Hi, I am Felix from India. I would like to set up an off-shore company in Italy. The objective of the company is to set up a Design House. What will be be process, time and cost involved in the process. What is the minimum capital investment criteria regardsFelix
Total Posts: 2 Last post by Gonzalo
In the coming months we are wanting to start up our own UK Limited Company offering new vans for leasing and contract hire brokerage. We realise we need an FCA licence.Our plan was to start up from home as it would be an online activity and then we are planning to emigrate in 6 months to Gran Canaria and run the business from an apartment we have there.On the FCA (financial conduct authori
Total Posts: 1 Last post by bobski007
What if I want to buy into a franchise in Spain?
Buying into a successful franchise can be a smart financial option for people looking to move to Spain. Franchising in Spain offers a much more reliable way to make money in when compared to setting up you own business.
For those not in the know, a franchise is an already formed business idea that you buy into as opposed to starting your own. An example of this is Dominoes Pizza or McDonalds. The benefit of doing this is, simply, buying a brand that instantly attracts customers. Additionally, the on-going franchise fee is partly reinvested in national advertising to continually draw consumers.
It is possible, with a franchise in Spain, that you will have access to goods at wholesale prices: with a few franchisees, there is bigger buying power when compared to your low buying power as a single unit operation.
Buying a franchise in Spain can give you an essential head start in business. Indeed, you are running your own business - but you won't be alone.
What types of franchise can I expect in Spain?
In Spain, you can buy a franchise in almost every area of business conceivable. Naturally, if your grasp on the Spanish language is limited, so will be your choice of franchise. Furthermore, if you are limited to an expatriate area, maybe the franchise of your choice has already been taken.
When considering a franchise opportunity in Spain, be careful. Just because a concept is advertised as a franchise it doesn't necessarily guarantee success. Research and check out every facet of the franchise. Indeed, talk to as many of the other franchisees already operating in Spain as you can.
The Spanish Franchise Association - Franquiciadores