Food Franchise opportunities to start in Scunthorpe
Scunthorpe could be home to your new business
Located in Yorkshire and the Humber, Scunthorpe is an area with business opportunities on the rise. If working as your own boss with a team behind you sounds appealing, check out our franchising possibilities in North Lincolnshire and take the first step towards running your own business. We offer franchise investment options in many different sectors. Why not look into the sector that appeals to you the most?
The population of North Lincolnshire is made up of 172,000 people. Residents aged over 60 years old make up the prevalent age range within the population. The local labour force includes 77,600 people, or 75.8% of the total population. With an unemployment rate of 4.5%, recent data shows that employment in this area is slightly higher than in the rest of the UK. Residents in the area earn £26,193 per year on average. This income is slightly lower than the national average gross income, which reaches just over £30,500.
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 UK. Available franchises include seven Vegan franchises, 15 Dessert franchises, five Tea franchises, nine Healthy Food franchises and five Chocolate franchises. The perfect business to suit your career goals and aspirations might just be among them. If you are thinking about starting a business in Hospitality and Food Services, North Lincolnshire could be a good place to do it. Indeed, 4,500 people have already made the decision to work in this industry in the North Lincolnshire area.
Eager to find out more? Here are three franchise business examples
First established in 2013, Snack Aid is a competitive brand operating in the Food sector. You will need to invest £4,259 to start operating your own Snack Aid business, which is an affordable initial investment. Your personal investment should account for at least £2,555 of the total amount. 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. Also, if you can't afford the startup costs on your own, you may qualify for financial support.
Wafflemeister could be another good option for you to invest in. There are 24 outlets open so far, and the network is expanding. To start your business, you will need an initial investment of £150,000. If you intend to get a loan to cover the costs of opening a franchise, a personal investment of 30 to 50% of the total amount will typically be required. For Wafflemeister, the minimum personal investment is £100,000. Given these higher startup costs, this is 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. If you can't afford the startup costs on your own, you could find out if you qualify for financial assistance.
Finally, another option worth considering is Creams Cafe, a company that was first established in 2010. By joining its 55 franchises already in operation, you could contribute to this brand's expansion. Financial aid can be provided in some circumstances. See our website for more information.
Eager to read more about business opportunities in the Food industry? Explore our 136 available options. You will find a total of close to 250 franchise opportunities here on Point Franchise. So if you haven't settled on one sector yet, take your time and explore all the options.
Data on this page was collected from NOMIS and the ONS. This content was machine-generated in partnership with LabSense.