Food Franchise opportunities to start in Sheffield
Starting a franchise business in Sheffield
Located in South West England, Sheffield is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, take a look at our franchising options in Cornwall and take the first step towards running your own business. Why not have a browse through our selection of new business investment options? There are opportunities to suit many needs and career objectives.
Approximately 566,000 people currently live in Cornwall. The 60+ age range is the most represented within the population. The local unemployment rate of 3.3% is below par compared to the national average of 4%. The local labour force consists of 261,600 people, making up 80.0% of the population. Across the United Kingdom, the annual gross salary is just over £30,500 on average. In the area of Cornwall, it averages £23,266.
Running a Food franchise business
Are you interested in the Food industry? You're likely to find a franchise worth considering among 136 brands across the United Kingdom. In fact, you can choose from three Wine franchises, 14 Drinks franchises, five Chocolate franchises, three Donut franchises and nine Healthy Food franchises today. You may be interested to know that businesses in the Cornwall area currently employ 34,000 people in the Hospitality and Food Services industry.
Three franchise business examples worth looking at
If you plan to invest in a Food business, you could consider Dunkin' Donuts. First established in 1970, Dunkin' Donuts has been operating for 50 years and has acquired many loyal customers as a result. It is now firmly rooted in the market, counting 11,000 franchise outlets. In order to open a Dunkin' Donuts business, a significant initial investment of £3,000,000 is required. If you plan on getting a loan to cover the startup costs, you will usually need to cover 30 to 50% of the total investment yourself. Dunkin' Donuts requires a personal investment of at least £1,200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. If you can't afford the startup costs on your own, you could see if you qualify for financial assistance.
Shakeaway could be another good option for you to invest in. This brand is expanding, counting 40 locations in the UK. Opening a Shakeaway franchise will require you to invest a minimum of £100,000. At least £40,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not advisable for first-time franchisees. A large premises will also be required to operate this business. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
As a final Food franchise option, have a look at CAVAVIN. By joining its network of 160 franchisees, you would become a part of a strong business community. A substantial initial investment of £100,000 will enable you to start your own CAVAVIN business. In most cases, your personal investment should represent 30 to 50% of the total amount. CAVAVIN requires you to personally invest at least £40,000. You could potentially apply for a loan to cover the remaining costs. Due to the higher startup costs, this option is not advisable for first-time franchisees. You will also need to invest in a large premises to operate this business. You may be eligible for financial aid. Visit our website for details.
There are currently 136 available franchise options in the Food industry. Check out these brands to find out if there's a good fit for you. With close to 250 franchising opportunities to choose from across different sectors, you have a good chance of finding a brand that meets your needs on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.