Food Franchise opportunities to start in Peterborough
What to know before starting a franchise in Peterborough
Discover the franchise options waiting for you in Peterborough, situated in the East of England. On this page you'll find a selection of brands recruiting franchisees in the Peterborough area. Franchising gives you the opportunity to run your own business, complete with training and marketing assistance. We offer a number of franchises to suit a variety of budgets and career goals. Have a look at our selection of businesses and sectors to see what might suit you.
An estimated 201,000 people currently live in Peterborough. Residents aged 20 to 39 years old make up the majority of the population. The local labour force consists of 98,700 people, or 79.7% of the total population. With an unemployment rate of 6.2%, recent data shows that employment in this area is slightly higher than in the rest of the United Kingdom. Peterborough has an average annual salary of £26,549. This salary is slightly lower than the rest of the United Kingdom, which has an average income of £30,629.
The Food industry: An interesting opportunity for franchisees
If the idea of running a business in the Food sector appeals to you, have a look at the 136 brands currently recruiting franchisees in the sector. There are a lot of interesting franchising options, including five Juice franchises, three Catering franchises, eight Ice Cream franchises, nine Healthy Food franchises and seven Vegan franchises. Check out the available brands to see if your perfect match is among them. Many companies in Peterborough already work in the Hospitality and Food Services industry, which employs 5,000 people. You would become a part of a well-established business community.
Take a look at three franchise business examples
If you are interested in opening a business in the Food industry, read about Wiltshire Farm Foods. This brand is growing, counting 80 outlets across the country. Financial aid can be given in some circumstances.
Another interesting investment opportunity is LighterLife, which was first established in 1992. The brand is now mature and a leader within the sector, having expanded its franchise network for 28 years. There are 50 locations open so far, and the network is expanding. Initially, you would need to invest £1,000 to get your own LighterLife business up and running. Given these low startup costs, this option could be suitable for first-time franchisees.
Lastly, Dunkin' Donuts, open since 1970, is another interesting option. With a wide network of 11,000 outlets, the brand knows how to support its franchisees. Dunkin' Donuts, now a leader in the field, has gained 50 years of experience since first opening. This business opportunity requires a significant initial investment of £3,000,000. You could get a loan to help cover startup costs, in which case your personal investment will typically need to cover 30 to 50% of the total investment. Dunkin' Donuts asks for a minimum personal investment of £1,200,000. It is thus less appropriate for new investors. By investing in this franchise, you may be eligible for financial support. Visit our website for details.
The Food sector currently offers 136 investment options. At Point Franchise, we are proud to offer 236 franchise options across many sectors, helping you find the perfect business opportunities for you.
This page contains data collected from NOMIS and the ONS. This content was automatically generated by LabSense.