Prêt-A-Manger offers freshly prepared food and organic coffee. The restaurant-like concept means that almost every store is equipped with a kitchen.
Min. investment
£400,000 +VAT
Total investment
£3,500,000 +VAT
Funding support
Coverage
Franchise Fees
Level of expertise
Founded in 1983 with the first store opening in Hampstead, London in 1984, Prêt-A-Manger soon liquidated. But just two years later in 1986, the name and brand were purchased by two businessmen who launched their first store shortly thereafter. Today, the brand boasts over 530 stores in nine countries with 350 of these being located in the UK. As the centre for its activities, around 67% of the company’s trade is in London. Other locations include Paris, Hong Kong, the USA and Shanghai. Over 300,000 customers are served each day.
Prêt-A-Manger offers freshly prepared food and organic coffee. The restaurant-like concept means that almost every store is equipped with a kitchen. It also means that sandwiches and salads are prepared freshly on-site and anything that is not consumed is donated to charity. The brand has also opted to sell its bake-at-home frozen croissants, granolas, ketchups and coffee for home consumption and these products are available in Tesco, Sainsbury’s, Amazon and other leading retailers.
The parent brand has two main requirements for its prospective franchisees. The first is prior experience in managing mid- to large-sized food and beverage operations (sales turnover in excess of £10 million). The second is a net worth that exceeds £7 million with access to liquid assets of £3.5 million.
The brand has not made its initial investment and liquid capital requirements available as yet and any further information should be requested through its website after completing the online application form.
To secure funding, you will need to get in touch with a financial lender and discuss this great opportunity with them to see if you can secure the capital required to get the operation off the ground.
If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.
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