Food Franchise opportunities to start in Bridlington
Thinking about living and working in Bridlington?
Bridlington, located in Yorkshire and the Humber, has many opportunities for people looking to open their own business. There are many brands currently recruiting franchisees in the East Riding of Yorkshire area. This could mean working for yourself while receiving the comprehensive support of an established brand. Deciding which sector you'd like to work in will lead you to the brands that best suit your needs and business goals.
East Riding of Yorkshire has an estimated population of 340,000 people. The age group with the highest concentration is 60+. Approximately 157,900 people are economically active in the community, representing 81.8% of the population. The unemployment rate (3.6%) is below par compared to the national average (4%). The area's average gross annual income of £29,761 is in line with the average income of just over £30,500 across the UK.
The Food sector: An interesting opportunity for franchisees
There are 136 brands currently recruiting franchisees in the Food industry. If this sector appeals to you, check them out. There are three Weight Loss franchises, seven Vegan franchises, three Donut franchises, five Chocolate franchises and 14 Drinks franchises offering franchising opportunities. You'll find options to suit all kinds of career objectives and aspirations.
Three franchise business examples worth looking at
If you plan to invest in the Food sector, CAVAVIN could be a good option. The brand's network is significant, counting 160 outlets across the country. You will need to invest £100,000 to start your own CAVAVIN business. At least £40,000 of this substantial amount should come from your own personal investment. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. You will also need to invest in a large premises to operate this business. If eligible, you might be able to benefit from financial aid.
Have a look at LighterLife. Launched in 1992, LighterLife now has over 28 years of experience under its belt. By joining its current 50 franchisees, you would be joining a growing brand network. To start your own LighterLife business, you will need an initial investment of £1,000. Whether you're an established franchisee or a first-time investor, the low startup costs mean that this could be a good option for you.
Lastly, another possibility to consider is Heavenly Desserts. There are 21 locations open so far, and the network is expanding. Starting a Heavenly Desserts business requires a significant initial investment of £190,000. If you intend to get a loan to cover the startup costs, Heavenly Desserts asks for a personal investment of at least £110,000. For most franchises, this amount represents 30 to 50% of the total investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees. Also, if you can't cover the startup costs alone, you may be entitled to financial assistance. See our website for more information.
The Food sector has many successful franchise businesses. We currently have 136 opportunities available in this sector. If you are still not sure which sector best suits your needs, have a look through our range of 236 franchising opportunities across different sectors on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.