Food Franchise opportunities to start in Preston
Preston could be home to your new business
You could start your own business by becoming a franchisee in Preston. There are a number of possibilities to choose from in Scottish Borders, located in Scotland. Have a look at our range of brands and start managing your own business with a team behind you. Starting a business should be exciting! Check out our selection of franchising options, focusing on the sectors that you feel most passionate about.
Recent figures show that Scottish Borders has a population of 115,000 residents. The most represented age group is 60+ years old. The local labour force consists of 53,300 people, or 78.8% of the total population. With an unemployment rate of 3.2%, recent data shows that employment in this area is lower than in the rest of the United Kingdom. The average annual salary across the UK is just over £30,500. With a gross income averaging £26,777, residents of Scottish Borders have a slightly lower salary than the national average.
Running a Food franchise business
The Food industry currently offers 136 franchise opportunities. If this sector appeals to you, take a look at our options. There are five Juice franchises, nine Healthy Food franchises, seven Vegan franchises, three Catering franchises and 11 Sweets franchises offering the opportunity to invest. Explore our available brands to find a potential match. Many businesses in Scottish Borders already operate in the Hospitality and Food Services industry, which employs 3,000 people. You would be joining a well-established business community.
Three examples of available franchise business opportunities
First established in 1970, Dunkin' Donuts is a competitive brand operating in the Food industry. Dunkin' Donuts has grown a devoted following since opening 50 years ago. The brand has developed over time and now runs in 11,000 different locations. This business requires a substantial initial investment of £3,000,000. 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 open a Dunkin' Donuts business is £1,200,000. Due to the higher startup costs, this option is not advisable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Another option to consider is Wafflemeister. By joining its network of 24 franchisees, you could contribute to this brand's success. You will need an initial investment of £150,000 to start your own Wafflemeister business. Your personal investment should account for at least £100,000 of the total amount. You may want to think about getting a loan to start a business in this sector. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. You may qualify for financial aid.
Finally, Heavenly Desserts is another interesting investment opportunity if you plan to invest in the Food sector. By joining its 21 franchises already in operation, you could contribute to this company's expansion. Starting a Heavenly Desserts business requires a significant initial investment of £190,000. At least £110,000 should come from your own personal investment. Given these higher startup costs, this opportunity is less suitable for first-time franchisees.
If you would like to take a look at more new business investment options in the Food industry, we currently have 136 available opportunities. If you're still torn between different sectors, no problem! Point Franchise offers 236 franchising opportunities across many different sectors. Enjoy exploring your options.
This text was automatically generated in partnership with LabSense, using data provided by NOMIS and the ONS.