Q&A: Does Caravan Depot Franchise in the UK?
Elliott Fudge, writer
Published at 08/03/2022, Updated on 04/05/2022 , Reading time: 5 min
Owning a caravan is all about taking to the road and enjoying the freedom that living in a way that suits you can bring. Running a franchise works in much the same way. Being your own boss and working to a successful business model means you get to enjoy all the benefits of running a business, while minimising the costs that normally come with starting your own business.
But being successful is all about making the right decisions at the right time. If you feel you’re ready to change things up and want to explore what running your own business could look like, start your research here.
With the right franchise, you’ll be in a great position to hit the ground running when you start your own business. So why not have a look at Caravan Depot Franchise to discover if this could be the right franchise to help you achieve your goals? Here’s everything you need to know.
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The history of Caravan Depot Franchise
This franchise was started in 2010 with the intention of helping people find the perfect caravans for them. Realising that the world of caravan sales was ripe for disruption, this franchise stepped in, offering well-trained brokers to help connect the different parties together.
Following 12 years of success, the franchise is now growing and is on the lookout for the next franchisees to take the business forward. While the original team of founders is still in place and involved in the day-to-day running of this franchise, there’s room for new and ambitious franchisees to take this business forward.
Caravan Depot is a part of a privately owned group of businesses that was established in 2010 with the purpose of using new technologies to disrupt the rather sleepy world of caravan retail. At the time, private buyers and sellers were hostage to an archaic industry where the odds of getting a fair deal were slim and the alternatives were few. Our brokerage system has changed all of that and it isn’t surprising that our service is so popular. - Caravan Depot Franchise
Does Caravan Depot franchise in the UK?
As you might have already guessed, Caravan Depot does franchise in the UK, so there is every chance you could be the next franchisee. The next question is what a typical Caravan Depot franchise looks like.
And the good news is that there is no typical franchisee. Whether you have an extensive background in sales or not, you could still become a Caravan Depot franchisee. To assess whether or not you’re up to the job, consider if you have the following skills before taking the plunge and starting a caravan franchise:
- Good business sense
- Confidence when it comes to making deals
- A good understanding of how to sell a caravan
- Organisation
- Team leadership skills
- Charisma
This isn’t an exhaustive list, and you should always bear in mind that there is a whole host of training and support on offer to help you develop these skills, but the more well equipped you are from the outset, the greater your chance of becoming a franchisee.
How to become a franchisee in the sales sector
Whether you’re working in a B2B franchise or in the ecommerce sector, planning any future career change can make all the difference, so before inquiring into this franchise, make sure you have a good understanding of exactly what is available.
1. What training and support is on offer?
Of course it helps if you know a little about caravans, but it isn’t essential. What is more important is that you are good with people, energetic, persistent and determined to provide a first class service. - Caravan Depot Franchise
Whatever your previous background and experience, there is plenty of training and support for you to count on. Once you’ve got the ball rolling on becoming a franchisee, you will receive some comprehensive training that covers all the essentials of what you need to become a franchisee.
The training you receive will be practical and will get you completely up to speed. By the end of your first week, you will be working with existing franchises and upping your on-the-job expertise. Before you know it, you’ll be selling caravans and building a serious income stream.
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2. What financing options are open to you?
No franchise ever comes for free though - so you should be aware of the different ways of raising finance that are open to you.
First of all, what are the initial costs of starting a Caravan Depot Franchise? You will need to make a minimum investment of £30,000 - but you can decide how best to pay this. You could pay it all upfront, or you could split this sum into instalmants and pay over time - the choice is yours. As this is a work from home franchise, you should also be aware that overheads are minimal, so when it comes to running costs, you only need to factor in your ongoing royalty payments. Your royalty payments are 20% of your gross revenue plus VAT.
So how do you pay for this? As this is a flexible business model, you have the freedom to choose what payment method works best for you. And, because franchising is such a safe and popular way to run a business, you can also look forward to some very attractive loans. Major retail banks will often cover up to 70% of your start-up costs, meaning that not only is franchising an attractive way to earn your income, it’s also a relatively easy way of starting a business.
Become a Caravan Depot Franchise today
Becoming a franchisee means taking your career into your own hands. From finding that perfect work-life balance to being your own boss, franchising helps you achieve all the benefits of running a business while minimising many of the common costs, so why not become a Caravan Depot Franchise today?
But if this isn’t the right sector for you, why not have a look at the UK franchise directory? There are thousands of franchises operating in the UK, meaning you’re sure to find one that suits your needs.
Elliott Fudge, writer