Van Based Franchise opportunities to start in Torquay
Investing in Torquay could be your next move
If you want to open your own business, you may find that Torquay has a lot to offer. Many brands are currently looking for franchisees in the Torbay area. Keep reading to find out if running a franchise could be a good option for you! To begin, look for the line of work that appeals to you the most. This is a quick way to find the franchise best suited to you.
There are 136,000 people living in the Torbay area. The majority of the population sits within the 60+ age range. The community has 59,400 economically active people, representing 78.1% of the population, with an unemployment rate of 4.1%. This rate is in line with the country's 4% national average. Torbay has an average annual salary of £23,343, which is lower than the national average income of just over £30,500.
Running a Van Based franchise business
If you want to manage your own business in the Van Based business sector, the good news is that there are 41 franchises currently recruiting new franchisees across the country. You will find two Coffee Van franchises and 13 Van franchises offering the opportunity to invest, amongst many others. Check out our available brands to find a potential match.
Want to know more? Read about these three brands
If you're interested in the Van Based business sector, take a look at Coffee Blue. The brand is expanding, with 10 locations currently in operation, and a desire to expand further. You will need to invest £41,945 to start running your own Coffee Blue business, which is an affordable initial investment. Your personal investment should account for at least £8,000 of the total amount. These low startup costs make this a good franchising option for first-time franchisees. If you make the decision to invest in this franchise, financial aid is available, providing you meet the eligibility criteria.
Another option to consider is FiltaFry. By joining its network of 39 franchisees, you could play a part in this brand's success. This business requires a reasonable initial investment of £14,950. If you intend to get a loan to cover startup costs, you should anticipate adding a personal investment of 30 to 50% of the total investment as a general rule. The minimal personal investment to start a FiltaFry business is £5,000. These low startup costs make this a good franchising option for first-time franchisees. By investing in this franchise, you may qualify for financial support.
Finally, another option to consider is ChipsAway. To start your own ChipsAway franchise, you will need to invest £29,995, of which at least £15,000 should be your own personal investment. You could apply for a loan to help cover the remaining startup costs. 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.
We offer a total of 41 businesses in the Van Based business sector. If you're interested, see if the right franchising opportunity for you is among them. You will find a total of close to 250 franchise options on Point Franchise. So if you are still looking for the perfect investment opportunity, there are still plenty of options for you to explore.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.