Food Franchise opportunities to start in Accrington
Thinking about living and working in Accrington?
Many brands are currently looking for franchisees in Accrington, located in North West England. By becoming a franchisee, you could run your own business while receiving comprehensive training and marketing support. Keep reading to explore the options in the Hyndburn area. There are a variety of new business investment options available based on your budget and career goals. Have a look to find the brand that appeals to you most.
According to recent census data, 81,000 people live in Hyndburn. Residents aged 40 to 59 years old have the highest concentration within the population. The region's average gross annual income of £26,452 is slightly lower than the average income of just over £30,500 across the UK.
Why the Food industry might be a good option for you
If you wish to operate a Food franchise, you are likely to find one that interests you among 136 available across the United Kingdom. Among the business opportunities in this sector, you will find 11 Sweets franchises, six Bakery franchises, 14 Drinks franchises, three Wine franchises and seven Vegan franchises. There might be one worth considering among them.
Take a look at three franchise business examples
If you'd like to open your own Food business, Cinnabon might be a great option for you. In operation since 2004, Cinnabon has developed a comprehensive support package, based on 16 years of experience in the business. A network of 1,300 franchisees promotes the brand's exposure. Comprehensive training and support are available when you choose to invest in this franchise.
Wafflemeister is another interesting franchise option if you plan to invest in the Food sector. This brand is expanding, counting 24 locations in the United Kingdom. Starting a Wafflemeister business requires a significant initial investment of £150,000. If you intend to get a loan to cover the startup costs, Wafflemeister asks for a personal investment of at least £100,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources. A small premises will also be required to operate this business. This investment entitles you to training, assistance and support from Wafflemeister. You could also receive financial aid, if eligible.
Lastly, Shakeaway is another interesting option. The brand is developing, with 40 outlets currently in operation, and a desire to expand further. Starting a Shakeaway franchise will require you to invest a minimum of £100,000. At least £40,000 of this should come from your own personal investment. Due to the higher startup costs, this option is not recommended for first-time franchisees. Financial assistance can be provided in some circumstances. Visit our website for more information.
The Food sector offers 136 franchising opportunities. Point Franchise offers a total of close to 250 franchising options across many different sectors. So, if you're still looking for a brand that meets your needs, there are plenty of options for you to explore.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.