Food Franchise opportunities to start in Morecambe
Starting a franchise business in Morecambe
Have you ever considered opening a franchise in Morecambe? This could be your opportunity to manage your own business while benefiting from comprehensive training and marketing support, since many businesses in the Lancaster area are currently recruiting franchisees. There are a number of franchising options available based on your budget and career objectives. Have a browse to find the brand that appeals to you most.
There are 144,000 people living in the Lancaster region. The population's most prevalent age group is made up of 20-39 year olds. The labour force in Lancaster amounts to 62,900 people, with an unemployment rate of 4.7%. This rate is slightly higher than the national average. For the Lancaster area, the average income is £27,639, which is slightly lower than the national average salary of close to £31,000.
Does the Food industry appeal to you?
Are you interested in running your own business in the Food industry? Take a look at our 136 franchise opportunities available in this field. There are a lot of interesting new business investment options, including seven Vegan franchises, eight Ice Cream franchises, 11 Sweets franchises, five Juice franchises and 23 Food and Beverage franchises. Take a look at the available brands to see if your perfect match is among them. Interesting fact: companies in Hospitality and Food Services employ 4,500 people in the Lancaster area. This could be your opportunity to open a successful business of your own!
Three franchise business examples worth looking at
Dunkin' Donuts is a competitive franchise that has been operating in the Food sector since 1970. Dunkin' Donuts now has 50 years of experience in the sector, making it a strong leader. With a wide network of 11,000 locations, the brand knows how to support its franchisees. You will need an initial investment of £3,000,000 to start your own Dunkin' Donuts business. Your personal investment should account for at least £1,200,000 of the total amount. You may want to consider getting a loan to open a business in this sector. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Check out Shakeaway. By joining its network of 40 franchisees, you could play a part in this brand's success. Starting a Shakeaway business requires a substantial initial investment of £100,000. If you intend to get a loan to cover the startup costs, Shakeaway asks for a personal investment of at least £40,000. For most franchises, this amount represents 30 to 50% of the total investment. It is thus less appropriate for new investors. You will also need to invest in a large premises to operate this business. Financial assistance is available for eligible franchisees.
Creams Cafe is a third interesting investment opportunity in the Food industry. Initially established in 2010, by joining its current 55 franchisees, you would become a part of a growing brand network. You will need to invest in a large premises to operate this business. You may be eligible for financial aid. Visit our website for details.
The Food industry offers 136 franchising options. At Point Franchise, we have almost 250 new business investment opportunities available, giving you plenty to choose from in other sectors as well.
This page contains machine-generated content provided by LabSense, using data collected from NOMIS and the ONS.