Food Franchise opportunities to start in Manchester
Manchester is an attractive town to invest in
Manchester, located in the North West of England, currently offers many franchising opportunities. As a franchisee, you could manage your own business while receiving expert training and support from an established brand. Keep reading to explore the options in the Manchester area. We offer a range of realistic new business investment possibilities, so that you can find one you like.
A recent census found that 548,000 people live in Manchester. Residents aged 20 to 39 years old are the most represented within the population. Unemployment affects 4% of the UK population. With a rate of 6.3%, unemployment in this area is slightly higher than the national average. The labour force amounts to 276,800 people, representing 71.3% of the population. Residents in the area earn £25,609 per year on average. This income is slightly lower than the national average gross salary, which reaches close to £31,000.
Why the Food industry appeals to franchisees
There are 136 brands currently looking for franchisees in the Food sector. If this sector appeals to you, check them out. Available franchises include three Wine franchises, three Weight Loss franchises, 15 Dessert franchises, 23 Food and Beverage franchises and four Waffle franchises. The perfect business to suit your career goals and aspirations might just be among them. In Manchester, there are currently 36,000 people working in the Hospitality and Food Services industry, so you would become a part of an established business network.
Three franchise business examples
If you are interested in opening a business in the Food industry, read about Baskin Robbins, a company operating since 1945. Baskin Robbins has acquired substantial customer loyalty over its 75 years in business. The brand operates in 150 franchise locations which make up a well-established business community. To start your own Baskin Robbins business, you will need an initial investment of £500,000. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Heavenly Desserts is another successful brand operating in the Food industry. This brand is expanding, counting 21 outlets across the country. You will need to invest £190,000 to start running your own Heavenly Desserts business, which is a significant initial investment. Your personal investment should account for at least £110,000 of the total amount. It is thus less appropriate for new investors. If you choose to invest in this franchise, financial assistance is available, providing you meet the eligibility criteria.
The Food industry has many brands worth considering. As a final example, take a look at Wafflemeister. There are 24 locations open so far, and the network is expanding. Opening 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. If you can't afford the startup costs on your own, you may qualify for financial aid. See our website for details.
If you would like to know more about franchise opportunities in the Food sector, have a look through our 136 available options. If you're curious about franchising opportunities in other sectors, Point Franchise offers 236 brands to pick from.
Data on this page was provided by NOMIS and the ONS. This content was machine-generated in partnership with LabSense.