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Great Prospects in Manchester with Businesses for Sale

Manchester – A perfect city for growing your recently purchased business

Manchester is without doubt the business capital of the North West. It’s a unique location that delivers cost-effective solutions for anyone looking to find businesses opportunities for sale. Manchester has a lot to offer. It is:

  • Europe’s top city for business competitiveness and fourth in the world (2010)
  • A city boasting the ninth-lowest tax cost of any industrialised city in the world for businesses (2012)
  • The third most visited UK city by foreign visitors
  • The commercial, educational and cultural focus for North West England
  • The fourth biggest central retail area in the UK by sales (2010)The fourth biggest central retail area in the UK by sales (2010).

Moreover,

  • On 24th March 2011, Manchester Airport was confirmed as the location of one of the UK Government’s new “Enterprise Zones”, with an emphasis placed on offering incentives to businesses to locate and expand in these targeted areas, in order to create new jobs and stimulate economic growth.
  • Manchester has a diverse economy, knowledge led and based around industries such as digital and creative, financial and business services, biotechnology, advanced manufacturing, environmental technologies, tourism and global sports brands.
  • An incredible talent pool of people including a vast number studying at top rated universities. Manchester Business School (MBS) is the largest department of the University of Manchester, England and is ranked third in the world’s best business schools (according to Bloombers Business Week’s ranking).

Where is Manchester located in the UK?

Manchester is located in England’s North-West in the heart of the UK, and is only a two hour train journey from London.

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The geographical area of the Manchester City Region covers the ten local authorities of Greater Manchester – Bury, Bolton, Manchester, Oldham, Rochdale, Salford, Stockport, Tameside, Trafford and Wigan

Manchester Geo-demographic and Socio-economic data

When you find a business for sale, understanding its customers in this changing environment is critical for business development. There are a number of classification systems available that can be used to segment Manchester population by postcode, some of which are free, whilst others are available at a significant cost. Examples of these include ACORN, Mosaic and P2 People & Places.

Manchester has a particularly wide local income divide, with the wealthiest postcode sectors earning almost three and a half times as much as the poorest.

Manchester Factsheet (Manchester City Council website, Aug 2012)

  • Estimated population: 503,100
  • Density (persons per hectare): 43.5
  • Residents age groups
  1. aged 0-14: 18.2%;
  2. aged 15-19: 7.6%;
  3. aged 20-59: 61.1% :
  4. aged 60 and over:  13%
  • Number of under- and post-grad students: 76,660
  • Total employees: 312,000
  • Job Seeker allowance claimants(as a percentage of population aged 16-64): 5.5% (UK: 3.9%)
  • Median weekly wage: £352
  • Major employment sectors: Retail & wholesale (12 %); professional, scientific and technical (11 %); education 10%; accommodation and food service (8 %);

Manchester Infrastructure

Manchester City Region has a world class, integrated transport infrastructure which provides connectivity across the wider North West region, and direct access to the rest of the UK and world.

  • As the North’s only major international gateway, The Manchester Airport was awarded ‘Best UK Airport’ in 2012 at Travel Weekly Globe Awards.
  • The city region was ranked in the top 10 in Europe for transport links by Cushman & Wakefield’s European Cities Monitor 2011.
  • Orbital and linear motorways provide access to all other UK cities by road.
  • Two primary railway stations provide an easy commute in and around the city region and allow easy access from all parts of England, Scotland & Wales.
  • Buses to all parts of the region operate around the central hub at Piccadilly Gardens while free, city centre shuttle buses promote public transport use.
  • Uniquely connected for digital communications, Manchester has the second largest digital infrastructure in the UK and the only global internet exchange hub outside of London.

Manchester networking groups can help you explore the business-for-sale marketplace

The Manchester Business Growth Hub is a community for businesses in Manchester and the North West that connects business buyers and leaders to professionals that can help develop their business.

The Hub is committed to helping business buyers and owners, whether you need access to finance, explore businesses for sale marketplace, develop new products and services, develop leadership skills or improve productivity.

Information about City Council Business Support and Licensing

Manchester City Council Information Services offer a wealth of helpful advice for businesses, including:

  • Financial support for businesses taking on apprenticeships and unemployed residents
  • Information and tools to help businesses with recruiting and employing people.
  • Business advice (business regulations, how to obtain the necessary tax documents and permits, support for re-locations and many more).

Greater Manchester Chamber of Commerce

Manchester has the largest Chamber of Commerce in the UK with over 5,000 members. It offers first-class business support to companies of all shapes and sizes through a range of sector-based membership services. The Chamber influence key decision makers in local and central government, working to create a better business environment.

Local newspapers

Manchester Evening News – Founded in 1868 by the Scott Trust, Manchester Evening News is the largest regional evening newspaper in Britain, particularly renowned for its classifieds section.

Resources:

Business support:
http://www.manchester.gov.uk/info/100002/business_support_and_licensing/2482/manchester_a_great_city_to_do_business

Corporate Research and Intelligence Population Publications:
http://www.manchester.gov.uk/downloads/download/4220/corporate_research_and_intelligence_population_publications

Apprenticeships
http://www.manchester.gov.uk/info/350/locating_or_investing_in_manchester/4895/apprenticeships

Free advice for SMEs: http://www.manchester.gov.uk/info/350/locating_or_investing_in_manchester/5823/access_to_finance

Locating or developing in Manchester:
http://www.manchester.gov.uk/info/350/locating_or_investing_in_manchester/2812/business_premises_and_development_land

Entreprise Zone
http://www.manchesterairportez.co.uk/about-the-enterprise-zone

Employment statistics:
http://www.guardian.co.uk/news/datablog/2010/nov/17/unemployment-and-employment-statistics-economics#constituency

Chamber of Commerce
http://www.gmchamber.co.uk/

Growth Accelerator

http://www.growthaccelerator.com/news/manchester-businesses-sign-up-for-growth

Business Rates
http://www.manchester.gov.uk/info/200012/business_rates

Sponsorship and advertising opportunities

Greater Manchester Chamber of Commerce
http://www.gmchamber.co.uk/services/sponsorship-and-advertising-opportunities
Manchester Radio Online
http://www.manchesterradioonline.com/
Local Business Directory
http://www.localmole.co.uk/find-business/manchester/

Source: http://www.manchester.gov.uk, http://www.investinmanchester.com/

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